H.R. 1357 · 108th Congress

Homeowners' Emergency Mortgage Assistance Act

Stage
In committee
Introduced
2003-03-19
Latest action
2003-03-31 · Referred to the Subcommittee on Housing and Community Opportunity.

Summary

Homeowners' Emergency Mortgage Assistance Act - Directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are temporarily unable to meet their obligations due to financial hardship beyond their control. Requires homeowner repayment of such assistance and interest.