A resolution expressing the sense of the Senate that lenders holding mortgages on homes in communities of Louisiana devastated by Hurricanes Katrina and Rita should extend current mortgage payment forbearance periods and not foreclose on properties in those communities until such time that Congress can consider legislation to provide relief to those homeowners.

Summary

Expresses the sense of the Senate that: (1) Congress should consider legislation to provide relief to Louisiana homeowners whose properties were devastated by Hurricanes Katrina and Rita; and (2) commercial banks, mortgage banks, credit unions, and other mortgage lenders should extend mortgage payment forbearance to March 31, 2006, in order to allow Congress the time to consider such legislation.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 20 December 2005

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 20 December 2005

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• Introduced in Senate

  summary · EN · 20 December 2005

  Open at official source

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