House Bill 6340 - To provide for mortgage forbearance during the COVID-19 emergency, and for other purposes.

Purpose and Summary

Chamber: House

Introduced date: 2020-03-23

Recent Activity

Referred to the House Committee on Financial Services.

Alternative Names

To provide for mortgage forbearance during the COVID-19 emergency, and for other purposes.

To provide for mortgage forbearance during the COVID-19 emergency, and for other purposes.

Associated Legislation

Workforce Emergency Response Act of 2020

Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act

Policy Areas

Housing and Community Development

Potential Impact

Agricultural prices, subsidies, credit

Cardiovascular and respiratory health

Civil actions and liability

Debt collection

Disaster relief and insurance

Emergency medical services and trauma care

Federal Reserve System

Finance and Financial Sector

Foreign language and bilingual programs

Government lending and loan guarantees

Housing finance and home ownership

Infectious and parasitic diseases

Landlord and tenant

Motor vehicles

Sponsors and Supporters

Rep. Clay, Wm. Lacy [D-MO-1]

Cosponsors and Supporters

Rep. Waters, Maxine [D-CA-43]

Committees and Subcommittees

Financial Services Committee

Variations and Revisions

Wm. Lacy Clay

To provide for mortgage forbearance during the COVID-19 emergency, and for other purposes.

2/9/2022, 2:11 AM

This bill provides for mortgage forbearance for single family and multifamily mortgages during the COVID-19 (i.e., coronavirus disease 2019) emergency. Borrowers receiving a forbearance must provide rent relief for any tenants during this period....

Congress
116

Number
HR - 6340

Introduced on
2020-03-23

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/23/2020

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill provides for mortgage forbearance for single family and multifamily mortgages during the COVID-19 (i.e., coronavirus disease 2019) emergency. Borrowers receiving a forbearance must provide rent relief for any tenants during this period....

Alternative Names
Official Title as IntroducedTo provide for mortgage forbearance during the COVID-19 emergency, and for other purposes.

Policy Areas
Housing and Community Development

Potential Impact
Agricultural prices, subsidies, credit
Cardiovascular and respiratory health
Civil actions and liability
Debt collection
Disaster relief and insurance
Emergency medical services and trauma care
Federal Reserve System
Finance and Financial Sector
Foreign language and bilingual programs
Government lending and loan guarantees
Housing finance and home ownership
Infectious and parasitic diseases
Landlord and tenant
Motor vehicles

Comments

Recent Activity

Latest Summary3/15/2021

This bill provides for mortgage forbearance for single family and multifamily mortgages during the COVID-19 (i.e., coronavirus disease 2019) emergency. Borrowers receiving a forbearance must provide rent relief for any tenants during this period....


Latest Action3/23/2020
Referred to the House Committee on Financial Services.