US Congress Senate Bill 842 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on April 21 2009 - 25% progression, died in chamber
Action: 2009-04-29 - Committee on Veterans' Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]

Amends the Housing and Economic Recovery Act of 2008 to repeal the December 31, 2010, termination date on certain mortgage interest rate and foreclosure protections provided to servicemembers. Authorizes the Secretary of Veterans Affairs, with respect to a veterans' housing loan guaranteed through the Department of Veterans Affairs (VA) that is modified under federal bankruptcy laws, to pay the holder of the mortgage obligation its unpaid balance, but only upon the assignment and transfer to the Secretary of all rights and interests with respect to the loan.

A bill to repeal the sunset of certain enhancements of protections of servicemembers relating to mortgages and mortgage foreclosures, to amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to pay mortgage holders unpaid balances on housing loans guaranteed by Department of Veterans Affairs, and for other purposes.

Sen. John Kerry [D-MA]

Date	Chamber	Action
2009-04-29		Committee on Veterans' Affairs. Hearings held.
2009-04-21		Read twice and referred to the Committee on Veterans' Affairs.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/842/all-info
Text	https://www.congress.gov/111/bills/s842/BILLS-111s842is.pdf