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H.R. 2815

BillFederalHouseIn Committee
FHA In-Person Servicing Improvement Act of 2013
About This Bill
Committee
Latest Action · July 24, 2013
Referred to the House Committee on Financial Services.
Congress
113th (2013–2015)
Introduced
July 24, 2013
Cosponsors (5)
5D 0R
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Summary

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FHA In-Person Servicing Improvement Act of 2013 - 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 default. Requires the Secretary to make payments to a qualified entity or entities to compensate for their costs of making in-person contact with mortgagors whose payments under covered mortgages are more than 60 days past due.

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