Encouraging banks and mortgage servicers to work with families affected by contaminated drywall and to consider adjustments to payment schedules on their home mortgages that take into account the financial burdens of responding to the presence of such drywall.
Committees
House Financial Services; Senate Banking, Housing, and Urban Affairs
Bill Summary
Encourages banks and mortgage servicers to work with families affected by contaminated drywall by considering adjustments to mortgage payment schedules that take these financial burdens into account.
Encouraging banks and mortgage servicers to work with families affected by contaminated drywall and to consider adjustments to payment schedules on their home mortgages that take into account the financial burdens of responding to the presence of such drywall.
Encourages banks and mortgage servicers to work with families affected by contaminated drywall by considering adjustments to mortgage payment schedules that take these financial burdens into account.
House Financial Services; Senate Banking, Housing, and Urban Affairs
Date
Dec. 2, 2009
Question
On Motion to Suspend the Rules and Agree, as Amended
Vote Type
2/3 YEA-AND-NAY
Result
Passed
Description
Encouraging banks and mortgage servicers to work with families affected by contaminated drywall to allow temporary forbearance without penalty on payments on their home mortgages