A bill to make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA, and for other purposes.
FHA Foreclosure Prevention Act of 2018 This bill amends the National Housing Act to expand foreclosure-prevention measures for homes insured by the Federal Housing Administration. Specifically, the bill revises requirements concerning insurance benefits, mortgage-servicer oversight, complaint procedures, and notice to borrowers.
Administrative remediesCongressional oversightDepartment of Housing and Urban DevelopmentGovernment information and archivesHousing finance and home ownership
A bill to make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA, and for other purposes.
USA115th CongressS-2698| Senate
| Updated: 4/18/2018
FHA Foreclosure Prevention Act of 2018 This bill amends the National Housing Act to expand foreclosure-prevention measures for homes insured by the Federal Housing Administration. Specifically, the bill revises requirements concerning insurance benefits, mortgage-servicer oversight, complaint procedures, and notice to borrowers.
Administrative remediesCongressional oversightDepartment of Housing and Urban DevelopmentGovernment information and archivesHousing finance and home ownership