S. 842 · 111th Congress
A bill to repeal the sunset of certain enhancements of protections of servicemembers relating to mortgages…
Full title
A bill to repeal the sunset of certain enhancements of protections of servicemembers relating to mortgages and mortgage foreclosures, to amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to pay mortgage holders unpaid balances on housing loans guaranteed by Department of Veterans Affairs, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
KerrySponsorNo cosponsors.
Amends the Housing and Economic Recovery Act of 2008 to repeal the December 31, 2010, termination date on certain mortgage interest rate and foreclosure protections provided to servicemembers.
What it does: CRS summary · Introduced in Senate · Apr 21, 2009
Amends the Housing and Economic Recovery Act of 2008 to repeal the December 31, 2010, termination date on certain mortgage interest rate and foreclosure protections provided to servicemembers.
Authorizes the Secretary of Veterans Affairs, with respect to a veterans' housing loan guaranteed through the Department of Veterans Affairs (VA) that is modified under federal bankruptcy laws, to pay the holder of the mortgage obligation its unpaid balance, but only upon the assignment and transfer to the Secretary of all rights and interests with respect to the loan.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to repeal the sunset of certain enhancements of protections of servicemembers relating to mortgages and mortgage foreclosures, to amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to pay mortgage holders unpaid balances on housing loans guaranteed by Department of Veterans Affairs, and for other purposes.
Latest action (Apr 29, 2009): Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 111-81.
Policy area: Armed Forces and National Security · Origin: Senate · Introduced: Apr 21, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.