Helping HOMES Act of 2020
Sponsored By: Representative Evans, Dwight [D-PA-3]
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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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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Evans, Dwight [D-PA-3]
PA • D
Cosponsors
WM. CLAY
MO • D
Sponsored 8/11/2020
Rep. Dean, Madeleine [D-PA-4]
PA • D
Sponsored 8/14/2020
Rep. Carson, André [D-IN-7]
IN • D
Sponsored 8/22/2020
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 8/22/2020
Rep. Cooper, Jim [D-TN-5]
TN • D
Sponsored 8/22/2020
Rep. Lee, Barbara [D-CA-12]
CA • D
Sponsored 8/22/2020
Rep. Wild, Susan [D-PA-7]
PA • D
Sponsored 9/1/2020
Rep. Brown, Anthony G. [D-MD-4]
MD • D
Sponsored 9/1/2020
Rep. Fudge, Marcia L. [D-OH-11]
OH • D
Sponsored 9/1/2020
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 9/1/2020
Rep. Hayes, Jahana [D-CT-5]
CT • D
Sponsored 9/1/2020
Rep. Lawson, Al, Jr. [D-FL-5]
FL • D
Sponsored 9/8/2020
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 9/21/2020
Rep. Doyle, Michael F. [D-PA-18]
PA • D
Sponsored 9/29/2020
Rep. Mfume, Kweisi [D-MD-7]
MD • D
Sponsored 12/21/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov