legislation: 99-hr-3422

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
99-hr-3422 99 hr 3422 Emergency Mortgage Foreclosure Avoidance Act of 1985 Housing and Community Development 1985-09-24 1985-09-24 Referred to Subcommittee on Housing and Community Development. House Rep. Savage, Gus [D-IL-2] IL D S000081 0 Emergency Mortgage Foreclosure Avoidance Act of 1985 - Amends the National Housing Act to require (current law authorizes) the Secretary of Housing and Urban Development to provide temporary mortgage assistance payments to eligible mortgagor-homeowners. Requires notice and a waiting period before a mortgagee may accelerate, foreclose, or take any legal action on a mortgage. Requires (current law authorizes) the Secretary to acquire a mortgage in order to avoid foreclosure, and to assist the mortgagor after such acquisition. 2025-08-29T16:29:40Z  

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