To direct the Secretary of Housing and Urban Development to establish a grant program to address deed fraud, and for other purposes.
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Committee
Latest Action · December 18, 2024
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The Good DEED Act directs the Department of Housing and Urban Development to establish a competitive grant program to help states and large cities combat deed fraud, which involves forging documents or impersonating people to fraudulently transfer property. Eligible states and cities must implement fingerprinting requirements for notaries handling property transfers and maintain recordings of remote notarizations for at least ten years. Grants can fund legal assistance and title-clearing costs for low-income homeowners affected by deed fraud, technology to detect and prevent fraud, and investigation and prosecution support, with at least thirty-five percent of funds dedicated to legal services. The bill authorizes ten million dollars annually for five years and requires the FBI to add deed fraud categories to its crime reporting program and the Sentencing Commission to establish sentencing enhancements for deed fraud offenses within specified timeframes. A progress report on the program's effectiveness is due to Congress within two years of enactment.
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