United States · Bill · HR
H.R. 7858 (116th)
HOMES Act of 2020
Introduced
30 July 2020
Last action
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Status
Referred to the Subcommittee on Economic Opportunity.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 30 July 2020
Introduced in House (PDF)
Introduced in House · EN · 30 July 2020
Introduced in House
summary · EN · 30 July 2020
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/7858
- Open data entity: https://api.congress.gov/v3/bill/116/hr/7858