H.R. 4160 · 115th Congress
Preventing Foreclosures on Seniors Act of 2017
- Stage
- In committee
- Sponsor
- Maxine Waters
- Introduced
- 2017-10-26
- Latest action
- 2017-10-26 · Introduced in House
Summary
Preventing Foreclosures on Seniors Act of 2017
This bill expands loss mitigation for borrowers and surviving spouses under the Federal Housing Administration's Home Equity Conversion Mortgages program (a reverse-mortgage program) and otherwise revises the program.