,i #aacth ,,congress #b;d ,session ,h4 ,r4 #dbee ,,in ,,the ,,house ,,of ,,representatives ,march #ad1 #bjad ,mr4 ,cartwright 7for himself1 ,mr4 ,horsford1 ,mr4 ,connolly1 ,mr4 ,george ,miller of ,california1 ,mrs4 ,napolitano1 ,mr4 ,grijalva1 ,mr4 ,van ,hollen1 ,mr4 ,nolan1 ,ms4 ,hahn1 ,ms4 ,slaughter1 ,ms4 ,lee of ,california1 ,mr4 ,farr1 ,mr4 ,honda1 ,ms4 ,loretta ,sanchez of ,california1 ,ms4 ,eshoo1 ,ms4 ,speier1 ,mr4 ,hastings of ,florida1 ,mr4 ,johnson of ,georgia1 ,mr4 ,tonko1 ,mr4 ,fattah1 ,mr4 ,brady of ,pennsylvania1 ,ms4 ,jackson ,lee1 ,ms4 ,eddie ,bernice ,johnson of ,texas1 ,mr4 ,lynch1 ,ms4 ,bonamici1 ,mr4 ,de,fazio1 ,mr4 ,cohen1 ,mr4 ,crdenas1 ,ms4 ,kaptur1 ,mr4 ,rush1 ,mr4 ,garcia1 ,mr4 ,neal1 ,ms4 ,pingree of ,maine1 ,mr4 ,ellison1 ,mr4 ,pallone1 ,mr4 ,langevin1 ,ms4 ,norton1 ,mr4 ,doyle1 ,ms4 ,chu1 ,mr4 ,thompson of ,california1 ,mr4 ,conyers1 ,ms4 ,clark of ,massachusetts1 ,mr4 ,rangel1 ,ms4 ,wilson of ,florida1 ,ms4 ,shea-,porter1 ,ms4 ,lofgren1 ,ms4 ,brown of ,florida1 ,mr4 ,carson of ,indiana1 ,ms4 ,velzquez1 ,mr4 ,takano1 ,mr4 ,ruppersberger1 ,ms4 ,roybal-,allard1 ,mr4 ,gene ,green of ,texas1 ,mr4 ,clay1 and ,ms4 ,de,lauro7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to require the ,federal ,housing ,finance ,agency to establish a #f-month moratorium on foreclosure of mortgages guaranteed by ,fannie ,mae or ,freddie ,mac on homes of individuals who have lost ,federal unemployment insurance as a result of the expiration of such program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,stop ,foreclosures ,due to ,congressional ,dysfunction ,act of #bjad4 #b4 ,mortgage foreclosure moratorium 7a7 ,moratorium ,the ,director of the ,federal ,housing ,finance ,agency shall prohibit mortgagees of eligible mortgages under subsection 7c7 from initiating a foreclosure1 whether judicial or nonjudicial1 or taking any action in furtherance of a foreclosure already initiated1 including any foreclosure sale1 with respect to any eligible mortgage during the foreclosure moratorium period under subsection 7d7 for such eligible mortgage4 7b7 ,treatment of mortgage payments due during foreclosure moratorium period 7#a7 ,deferral of mortgage payments2 interest due ,the ,director shall provide that1 during the foreclosure moratorium period with respect to an eligible mortgage-- 7,a7 the term of the mortgage shall toll2 7,b7 any payments of principal and interest due under the mortgage shall be deferred2 and 7,c7 interest on outstanding principal due under the mortgage shall continue to accrue at the rate provided for under the mortgage4 7#b7 ,resumption of mortgage payments2 amortization of interest accrued ,the ,director shall provide that1 upon the expiration of the foreclosure moratorium period with respect to an eligible mortgage-- 7,a7 the term of the mortgage1 and the responsibility of the mortgagor to make payments of principal and interest due under the mortgage1 shall resume2 and 7,b7 any interest accrued pursuant to paragraph 7#a77;,c7 shall be amortized1 and payable1 over the remaining term of the mortgage4 7c7 ,eligible mortgage ,an eligible mortgage under this subsection is a mortgage that-- 7#a7 is owned1 held1 securitized1 or guaranteed by the ,federal ,national ,mortgage ,association or the ,federal ,home ,loan ,mortgage ,corporation2 7#b7 is a mortgage on a #a- to #d-;family residence that is the principal residence of the mortgagor2 7#c7 was current with respect to payments of principal and interest1 and any taxes1 insurance1 and other amounts required to be paid in escrow1 that were due under the mortgage as of the beginning of the foreclosure moratorium period with respect to such eligible mortgage2 and 7#d7 has a mortgagor who-- 7,a7 7i7 received extended compensation or additional compensation for a week of unemployment ending at any time during the #g-;day period ending ,january #a1 #bjad2 7ii7 has exhausted all rights to regular compensation under the unemployment compensation law of a ,state at any time during the period beginning ,january #a1 #bjad1 and ending on the date of enactment of this ,act and has remained continuously unemployed throughout such period2 or 7iii7 exhausts all rights to regular compensation under the unemployment compensation law of a ,state at any time during the period beginning on the date of enactment of this ,act and ending on ,july #a1 #bjad2 and 7,b7 as of the beginning of the foreclosure moratorium period with respect to such eligible mortgage1 has a ratio of debt to income1 as determined in accordance with such requirements as the ,director shall establish1 that was greater than #dj percent4 7d7 ,foreclosure moratorium period ,the foreclosure moratorium period under this subsection with respect to an eligible mortgage shall be the #f-month period beginning upon-- 7#a7 in the case of an eligible mortgage of a mortgagor described in clause 7i7 or 7ii7 of subsection 7c77#d77;,a71 the date of the enactment of this ,act2 and 7#b7 in the case of an eligible mortgage of a mortgagor described in clause 7iii7 of subsection 7c77#d77;,a71 the date on which such mortgagor exhausts all rights to regular compensation under the unemployment compensation law of a ,state4 7e7 ,definitions ,for purposes of this section1 the following definitions shall apply3 7#a7 ,director ,the term ,director means the ,director of the ,federal ,housing ,finance ,agency4 7#b7 ,eligible mortgage ,the term eligible mortgage means a mortgage that meets the requirements of subsection 7c74 7#c7 ,foreclosure moratorium period ,the term foreclosure moratorium period means1 with respect to an eligible mortgage1 the period specified in subsection 7d7 for the mortgage4 7#d7 ,mortgagee ,the term mortgagee includes1 with respect to an eligible mortgage1 any creditor1 servicer1 or holder of such eligible mortgage1 and any other person acting on behalf of any such creditor1 servicer1 or holder4 7#e7 ,regular compensation2 extended compensation2 additional compensation ,the terms regular compensation1 extended compensation1 and additional compensation have the meanings given such terms in section #bje of the ,federal-,state ,extended ,unemployment ,compensation ,act of #aigj 7#bf ,u4,s4,c4 #ccjd note74