,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #fhce ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ab1 #bjbj,ms4 ,port] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to require resid5tial mortgage s]vic]s receiv+ c]ta9 em]g5cy relief "u ! ,,c>es ,act to provide reports on loan-level data1 & = o!r purposes4 #a4 ,mortgage p]=mance data ,section #djjc7;c7 ( ! ,,c>es ,act 7,public ,law #aaf-acf7 is am5d$ by add+ at ! end ! foll[+3 7#d7 ,mortgage p]=mance data 7,a7 ,mon?ly report 7i7 ,9 g5]al ,a s]vic] ( a resid5tial mortgage loan receiv+ a loan1 loan gu>antee1 or any o!r inve/m5t "u ?is section %all1 beg9n+ 9 ! fir/ mon? 9 :i* ! loan1 loan gu>antee1 or inve/m5t 0 receiv$1 collect & provide loan-level data to ! ,bureau ( ,consum] ,f9ancial ,protection on a mon?ly basis ) respect to all resid5tial mortgage loans s]vic$ by ! s]vic]4 7ii7 ,cont5ts ,ea* mon?ly report requir$ "u ?is subp>agraph %all conta9 id5tify+ in=mation & loan p]=mance data = ! mo/ rec5t mon? z well z cumulative data s9ce ! s]vic] began report+ "u ?is p>agraph4 7iii7 ,"t p]iod = reports ,reports "u ?is p>agraph %all be provid$ by a s]vic] e mon? 9 :i* a loan1 loan gu>antee1 or any o!r inve/m5t "u ?is section has be5 receiv$ & = #b ye>s foll[+ su* receipt4 7,b7 ,id5tify+ in=mation ,ea* mon?ly report requir$ "u subp>agraph 7,a7 %all include ! foll[+ loan-level id5tify+ in=mation3 7i7 ,demographic data1 = ea* borr[]1 includ+ race1 e?nicity1 sex1 & age4 7ii7 ,! location ( ! prop]ty1 includ+ by ,/ate1 ,metropolitan ,/ati/ical ,area1 po/al code1 c5sus tract1 & ,metropolitan ,di/rict1 if applicable4 7iii7 ,loan orig9ation in=mation1 includ+ orig9al unpaid pr9cipal balance1 orig9al int]e/ rate1 fir/ paym5t date1 orig9al loan t]m1 & li5 /atus 7fir/ or subord9ate74 7iv7 ,loan type & type ( loan pur*as]1 z describ$ "u section #cjd ( ! ,home ,mortgage ,disclosure ,act ( #aige 7#ab ,u4,s4,c4 #bhjc7 & ! rules issu$ to c>ry out su* section74 7,c7 ,loan p]=mance data ,ea* mon?ly report requir$ "u subp>agraph 7,a7 %all include ! foll[+ loan-level loan p]=mance data3 7i7 ,curr5t loan in=mation1 includ+ curr5t actual unpaid pr9cipal balance1 curr5t int]e/ rate1 curr5t loan del9qu5cy /atus 7bas$ on ! numb] ( days ! borr[] is del9qu5t 9 paym5ts bas$ on ! due date ( ! la/ paid loan paym5t71 loan p]=mance /atus 7includ+ curr5t1 =be>ance1 repaym5t plan1 ref]r$ to =eclosure1 trial modification1 p]man5t modification1 or =eclos$71 & ! date ( ! ev5t lead+ to su* /atus4 7ii7 ,loss mitigation in=mation1 includ+-- 7,i7 :e!r ! loan is curr5tly be+ evaluat$ = loss mitigation1 & if s1 ! date ^u :i* ! curr5t loss mitigation process 0 initiat$ & ! date ( complete application1 if any2 7,,ii7 ! disposition ( any previ\s loss mitigation evaluation report$ pursuant to subclause 7,i7 & ! date ( disposition1 includ+-- 7aa7 d5i$2 7bb7 tempor>y or %ort-t]m agreem5t1 su* z a repaym5t agreem5t or =be>ance1 & ! l5g? ( su* agreem5t 79 mon?s72 7cc7 trial loan modification2 7dd7 p]man5t loan modification2 or 7ee7 o!r type ( loss mitigation2 & 7,,iii7 = ea* p]man5t modification-- 7aa7 :e!r ! p]man5t modification includ$ "o or m (-- 7,,aa7 additions ( del9qu5t paym5ts & fees to loan balances2 7,,bb7 int]e/ rate r$uctions & freezes2 7,,cc7 t]m ext5sions2 7,,dd7 r$uctions ( pr9cipal2 or 7,,ee7 def]rals ( pr9cipal2 & 7bb7 :e!r ! total mon?ly pr9cipal & int]e/ paym5t1 z a result ( ! p]man5t modification-- 7,,aa7 increas$2 7,,bb7 rema9$ ! same2 7,,cc7 decreas$ less ?an #aj p]c5t2 7,,dd7 decreas$ betwe5 #aj & #bj p]c5t2 or 7,,ee7 decreas$ #bj p]c5t or m4 7,d7 ,=be>ance data ,ea* mon?ly report requir$ "u subp>agraph 7,a7 %all include1 ) respect to ea* loan = :i* a =be>ance has be5 report$ "u subp>agraph 7,c77i71 =be>ance-specific data1 includ+-- 7i7 ! total mon?s ( total =be>ance grant$ to date2 & 7ii7 ! numb] ( r5ewals ( =be>ance to date4 7,e7 ,public availability ( aggregate data 7i7 ,9 g5]al ,us+ data submitt$ by s]vic]s "u ?is p>agraph1 ! ,director ( ! ,bureau ( ,consum] ,f9ancial ,protection %all make available aggregate data by s]vic] = ea* ,/ate1 ,metropolitan ,/ati/ical ,area1 & ,metropolitan ,division1 z def9$ by ! ,(fice ( ,managem5t & ,budget4 ,su* aggregate data %all be provid$ mon?ly by ! ,director to ,congress & po/$ on ! ,bureau ( ,consum] ,f9ancial ,protection's website4 7ii7 ,exception = c]ta9 p]sonally id5tifiable data ,if aggregate data describ$ "u clause 7i7 is none!less reasonably p]sonally id5tifiable1 ! ,director may report ! aggregate data by s]vic] on ! next l>g] geographic unit 7su* t1 = example1 data w\ld n be report$ by ,municipal ,division b only by ,metropolitan ,/ati/ical ,area & ,/ate74 7,f7 ,implem5tation ,! ,director ( ! ,bureau ( ,consum] ,f9ancial ,protection %all1 )9 #fj days ( ! date ( enactm5t ( ?is p>agraph1 & 9 consultation ) ! ,director ( ! ,f$]al ,h\s+ ,f9ance ,ag5cy & ! ,comptroll] ( ! ,curr5cy1 prescribe ! =mat & me?od ( submission ( ! data requir$ "u ?is p>agraph4 ,! ,director ( ! ,bureau may prescribe rules = ! collection ( ! data 9 ord] to ensure accuracy1 transp>5cy1 & complete data collection1 includ+ ! collection & report+ ( additional data elem5ts1 b may n require report+ ( few] data elem5ts ?an prescrib$ by ?is p>agraph nor less frequ5t report+ ?an requir$ by ?is p>agraph4 7,g7 ,def9itions ,9 ?is p>agraph3 7i7 ,,covid-#ai em]g5cy ,! t]m ,,covid-#ai em]g5cy means ! national em]g5cy conc]n+ ! novel coronavirus disease 7,,covid-#ai7 outbreak decl>$ by ! ,presid5t on ,m>* #ac1 #bjbj1 "u ! ,national ,em]g5cies ,act 7#ej ,u4,s4,c4 #afja et seq474 7ii7 ,resid5tial mortgage loan ,! t]m resid5tial mortgage loan has ! mean+ giv5 t t]m "u section #ajc7;dd7 ( ! ,tru? 9 ,l5d+ ,act 7#ae ,u4,s4,c4 #afjb7;dd774 7iii7 ,s]vic] ,! t]m s]vic] has ! mean+ giv5 9 section #f7;i7 ( ! ,real ,e/ate ,settlem5t ,proc$ures ,act ( #aigd 7#ab ,u4,s4,c4 #bfje7;i774 4