H.R. 6632 · 116th Congress
To amend the CARES Act to provide for repayment terms for mortgages in forbearance, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SotoSponsor17 cosponsors · 17 D
D
Blumenauer
KC
D
Castor
SC
D
Cohen
JC
D
Courtney
TC
D
Cárdenas
JH
D
Hayes
EL
D
Luria
EN
D
Norton
FW
D
Wilson
NB
D
Barragán
CC
D
Crist
VG
D
Gonzalez
AH
D
Hastings
AL
D
Lowenthal
ML
D
Levin
JM
D
McGovern
JC
D
Cooper9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill establishes repayment terms for federally-related mortgages in forbearance as part of existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs. Specifically, the term of such a mortgage must be extended for the same length of time as the length of the forbearance.
What it does: CRS summary · Introduced in House · Apr 28, 2020
This bill establishes repayment terms for federally-related mortgages in forbearance as part of existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs. Specifically, the term of such a mortgage must be extended for the same length of time as the length of the forbearance. Additionally, the payments due during the forbearance must be evenly distributed across future payments with no additional interest or fees beyond amounts otherwise due had the borrower made such payments on time and in full.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the CARES Act to provide for repayment terms for mortgages in forbearance, and for other purposes.
Latest action (Apr 28, 2020): Referred to the House Committee on Financial Services.
Policy area: Housing and Community Development · Origin: House · Introduced: Apr 28, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.