HR 3066 · 111th Congress · Housing and Community Development

Temporary Mortgage Assistance Loan Act of 2009

Introduced 2009-06-26· Sponsored by Rep. Cummings, Elijah E. [D-MD-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2009-06-26)

Plain Language Summary

[AI summary unavailable — showing source text] Temporary Mortgage Assistance Loan Act of 2009 - Authorizes the Secretary of Housing and Urban Development (HUD) to make available, in the form of monthly payments, temporary mortgage assistance loans to mortgagees or mortgage servicers of qualified homeowners who are in default on their mortgages. Prescribes conditions, time periods and repayment terms. Directs the Secretary of the Treasury to make certain funds that remain unobligated under the Emergency Economic Stabilization Act of 2008 (EESA) available to the Secretary to implement this Act.…

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