HR 4745 · 105th Congress · Finance and Financial Sector

Homeowners' Emergency Mortgage Assistance Act

Introduced 1998-10-08· Sponsored by Rep. Gutierrez, Luis V. [D-IL-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E2042)(1998-10-10)

Plain Language Summary

[AI summary unavailable — showing source text] Homeowners' Emergency Mortgage Assistance Act - Directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are unable to temporarily meet their obligations due to financial hardship beyond their control. Requires homeowner repayment of such assistance and interest.…

Summarized by Claude AI · Non-partisan · For informational purposes only