HR 6632 · 116th Congress 2019–2021, ended

To amend the CARES Act to provide for repayment terms for mortgages in forbearance, and for other purposes.

Introduced Apr 28, 2020 Originated House Sponsor Darren Soto D-FL

Fact sheet

Latest action · Apr 28, 2020 Referred to the House Committee on Financial Services.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 28, 2020
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

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.

Cosponsors 17

Members who signed on, in the order they did. Signatures ran from Apr 28, 2020 to May 8, 2020, with 9 there on the day it was introduced.

SeatCosponsorSigned on
D-OREarl BlumenauerOriginalApr 28, 2020
D-VAElaine G. LuriaOriginalApr 28, 2020
D-DCEleanor Holmes NortonOriginalApr 28, 2020
D-FLFrederica S. WilsonOriginalApr 28, 2020
D-CTJahana HayesOriginalApr 28, 2020
D-CTJoe CourtneyOriginalApr 28, 2020
D-FLKathy CastorOriginalApr 28, 2020
D-TNSteve CohenOriginalApr 28, 2020
D-CATony CárdenasOriginalApr 28, 2020
D-CAAlan S. LowenthalMay 5, 2020
D-FLAlcee L. HastingsMay 5, 2020
D-FLCharlie CristMay 5, 2020
D-MAJames P. McGovernMay 5, 2020
D-CAMike LevinMay 5, 2020
D-CANanette Diaz BarragánMay 5, 2020
Show all 17 cosponsors

Actions 2

Everything that happened, newest first.

  1. Apr 28, 2020Introduced in House
  2. Apr 28, 2020Referred to the House Committee on Financial Services.

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

Text 1

Each version as it was printed, newest first.

  1. Apr 28, 2020Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.