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S.Res. 340 · 109th Congress

A resolution expressing the sense of the Senate that lenders holding mortgages on homes in communities of…

Full title

A resolution expressing the sense of the Senate that lenders holding mortgages on homes in communities of Louisiana devastated by Hurricanes Katrina and Rita should extend current mortgage payment forbearance periods and not foreclose on properties in those communities until such time that Congress can consider legislation to provide relief to those homeowners.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

1 cosponsor · 1 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Expresses the sense of the Senate that: (1) Congress should consider legislation to provide relief to Louisiana homeowners whose properties were devastated by Hurricanes Katrina and Rita; and (2) commercial banks, mortgage banks, credit unions, and other mortgage lenders should extend mortgage payment forbearance to March 31, 2006, in order to allow…

What it does: CRS summary · Introduced in Senate · Dec 20, 2005

Expresses the sense of the Senate that: (1) Congress should consider legislation to provide relief to Louisiana homeowners whose properties were devastated by Hurricanes Katrina and Rita; and (2) commercial banks, mortgage banks, credit unions, and other mortgage lenders should extend mortgage payment forbearance to March 31, 2006, in order to allow Congress the time to consider such legislation.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: A resolution expressing the sense of the Senate that lenders holding mortgages on homes in communities of Louisiana devastated by Hurricanes Katrina and Rita should extend current mortgage payment forbearance periods and not foreclose on properties in those communities until such time that Congress can consider legislation to provide relief to those homeowners.

Latest action (Dec 20, 2005): Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S14187)

Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Dec 20, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.