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- H.R.162
H.R.162: To amend the CARES Act to provide for repayment terms for mortgages in forbearance, and for other purposes.
About This Bill
- Introduced Jan. 4, 2021
- Latest Major Action Jan. 4, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Jan. 4, 2021
Bill 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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 4, 2021 |
Referred to the House Committee on Financial Services.
|
| Jan. 4, 2021 |
Introduced in the House by Darren Soto (D-Fla.) |