HR 7858 · 116th Congress 2019–2021, ended

HOMES Act of 2020

Introduced Jul 30, 2020 Originated House Sponsor Dwight Evans D-PA

Fact sheet

Latest action · Oct 6, 2020 Referred to the Subcommittee on Economic Opportunity.

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. IntroducedJul 30, 2020
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Helping Owners Maintain Economic Security Act of 2020 or the HOMES Act of 2020

This bill requires servicers of federally-backed mortgage loans to notify borrowers of their eligibility for loan forbearance under existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs. Servicers must provide notice not later than 30 days after enactment. Servicers are exempted from providing notice to borrowers who have previously requested forbearance.

Federal housing agencies must make available to servicers model notices no later than 7 days after enactment.

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Actions 3

Everything that happened, newest first.

  1. Oct 6, 2020Referred to the Subcommittee on Economic Opportunity.
  2. Jul 30, 2020Introduced in House
  3. Jul 30, 2020Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Jul 30, 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.