FHA In-Person Servicing Improvement Act of 2017

Summary

FHA In-Person Servicing Improvement Act of 2017 This bill directs the Department of Housing and Urban Development (HUD) to carry out a pilot program to use authority under the National Housing Act to pay insurance benefits to compensate a mortgagee for any costs of taking loss mitigation actions providing an alternative to foreclosure of a mortgage in default or facing imminent default. HUD must make payments to a qualified entity or entities to compensate for their costs of making in-person contact with mortgagors whose payments under covered mortgages are more than 60 days past due.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 January 2017

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• Introduced in House (PDF)

  Introduced in House · EN · 3 January 2017

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• Introduced in House

  summary · EN · 3 January 2017

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