HR 378 · 109th Congress · Finance and Financial Sector

Homeowners' Emergency Mortgage Assistance Act

Introduced 2005-01-26· Sponsored by Rep. Fattah, Chaka [D-PA-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Housing and Community Opportunity.(2005-02-28)

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 temporarily unable to meet their obligations due to financial hardship beyond their control. Requires: (1) homeowner repayment of such assistance and interest; and (2) certain conditions to be met before legal action may be taken against a qualifying homeowner, including providing the homeowner with program notice.…

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

Cosponsors (19)

19 Democrats