House
Jan 6, 2015To authorize a pilot program to improve asset recovery levels, asset management, and homeownership retention with respect to delinquent single-family mortgages insured under the FHA mortgage insurance programs by providing for in-person contact outreach activities with mortgagors under such mortgages, and for other purposes.
Summary
Official
FHA In-Person Servicing Improvement Act of 2015 Directs the Secretary 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...
Bill Progress
Bill has been introduced and assigned a number
Introduced(1/6/15)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
AG
Mr. Green
House (D) Texas – 9
Cosponsors (5)
Latest Action
Referred to the House Committee on Financial Services.
Jan 6, 2015