United States · Bill · HR
H.R. 8003 (116th)
Helping HOMES Act of 2020
Introduced
11 August 2020
Last action
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Status
Referred to the House Committee on Financial Services.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
Helping Home Owners Maintain Economic Security Act of 2020 or the Helping HOMES Act of 2020 This bill expands and extends existing single-family and multifamily mortgage forbearance provisions for borrowers experiencing financial hardships due to the COVID-19 (i.e., coronavirus disease 2019) emergency. Specifically, forbearance may be extended to borrowers for up to 12 months. Currently, borrowers may receive 180 days of forbearance, with an extension of up to an additional 180 days. The bill also expands the forbearance provisions to apply to nonfederally backed mortgages. Mortgage servicers must notify borrowers of the availability of forbearance.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 11 August 2020
Introduced in House (PDF)
Introduced in House · EN · 11 August 2020
Introduced in House
summary · EN · 11 August 2020
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/8003
- Open data entity: https://api.congress.gov/v3/bill/116/hr/8003