3.0.0 3958 2022-11-01T13:50:22Z 2022-11-01T13:50:22Z House HR 2019-07-25 116 [Congressional Record Volume 165, Number 126 (Thursday, July 25, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. WATERS:H.R. 3958.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 5 and Clause 18 of the UnitedStates Constitution[Page H7468]]]> hsba00 Financial Services Committee House Standing Referred to 2019-07-25T14:03:15Z FHA Foreclosure Prevention Act of 2019 116 2279 S 2019-07-25 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2019-07-25 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-07-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-07-25 Introduced in House IntroReferral 1000 9 Library of Congress W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 N M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2019-07-25 True C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2019-07-25 True T000481 Rep. Tlaib, Rashida [D-MI-13] Rashida Tlaib D MI 13 2019-07-25 True F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2019-07-25 True C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2019-07-25 True Housing and Community Development Administrative law and regulatory procedures Civil actions and liability Congressional oversight Government studies and investigations Housing finance and home ownership Life, casualty, property insurance Housing and Community Development 00 2019-07-25 Introduced in House 2020-10-26T19:36:37Z FHA Foreclosure Prevention Act of 2019

This bill revises foreclosure-prevention measures for single-family homes insured by the Federal Housing Administration. Specifically, the bill

  • requires documentation from mortgage servicers of loss mitigation efforts,
  • provides the Department of Housing and Urban Development with oversight responsibilities over mortgage servicers,
  • establishes a complaint procedure for borrowers regarding mortgage servicers, and
  • requires a mortgage servicer to provide notice to borrowers regarding the loss mitigation process.
]]> FHA Foreclosure Prevention Act of 2019 Display Title FHA Foreclosure Prevention Act of 2019 Official Title as Introduced To make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA and to prevent foreclosures on FHA borrowers, and for other purposes. Introduced in House IH Short Title(s) as Introduced FHA Foreclosure Prevention Act of 2019 Introduced in House IH Introduced in House 2019-07-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr3958ih/xml/BILLS-116hr3958ih.xml 2019-07-25 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.