,i #aafth ,,congress #b;d ,session ,h4 ,r4 #gheh ,,in ,,the ,,house ,,of ,,representatives ,july #cj1 #bjbj,mr4 ,evans introduced the following bill2 which was referred to the ,committee on ,financial ,services1 and in addition to the ,committee on ,veterans' ,affairs1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to require the provision of notice to homeowners regarding available housing relief to respond to the ,,covid-#ai pandemic1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,helping ,owners ,maintain ,economic ,security ,act of #bjbj or the ,,homes ,act of #bjbj4 #b4 ,notice to homeowners ,section #djbb of the ,,cares ,act 7#ae ,u4,s4,c4 #ijef7 is amended-- 7#a7 in subsection 7b77#a71 by inserting after covered period1 the following3 which term for purposes of this section shall have the meaning given such term in section #fbc7;a77#a77;,f77i7 of the ,fair ,credit ,reporting ,act12 and 7#b7 by adding at the end the following new subsection3 7d7 ,notice to homeowners of available relief 7#a7 ,notice requirement ,subject only to paragraph 7#c71 not later than the expiration of the #cj-;day period beginning upon the date of the enactment of this subsection1 each servicer of a ,federally backed mortgage loan shall send1 by first class ,united ,states mail1 written notice to the mortgagor sufficient to inform such mortgagor in plain language of the mortgagor's eligibility to request forbearance under subsection 7b74 7#b7 ,content ,the notice established pursuant to paragraph 7#a7 shall include a statement-- 7,a7 that section #djbb7;b7 of the ,,cares ,act provides that1 during the covered period1 a borrower with a ,federally backed mortgage loan experiencing a financial hardship due1 directly or indirectly1 to the ,,covid-#ai emergency may receive a forbearance on such loan for up to #ahj days1 regardless of delinquency status1 by submitting a request to the loan servicer and affirming that the borrower is experiencing a financial hardship during the ,,covid-#ai emergency1 and that such forbearance period shall be extended for an additional #ahj days at the request of the borrower2 7,b7 explaining that the mortgagor can seek language assistance and general help through a housing counseling agency in the area that is approved by the ,department of ,housing and ,urban ,development and providing information on how to find such an approved housing counseling agency2 7,c7 that the moratorium under the ,,cares ,act does not terminate the mortgagor's obligation to make payments due under the mortgage2 7,d7 that mortgagor will owe any mortgage arrearages that accrue during the moratorium under the ,,cares ,act2 and 7,e7 that mortgagors are encouraged to contact their mortgage servicer if they are having trouble making payments due under their mortgage4 7#c7 ,exemption ,a servicer shall not be required to send notice pursuant to paragraph 7#a7 to any mortgagor who has previously requested forbearance under subsection 7b74 4 #c4 ,notice to multifamily housing mortgagors ,section #djbc of the ,,cares ,act 7#ae ,u4,s4,c4 #ijeg7 is amended-- 7#a7 by redesignating subsection 7f7 as subsection 7g72 and 7#b7 by inserting after subsection 7e7 the following new subsection3 7f7 ,notice to borrower of available relief 7#a7 ,notice requirement ,subject only to paragraph 7#c71 not later than the expiration of the #cj-;day period beginning upon the date of the enactment of this subsection1 each servicer of a ,federally backed multifamily mortgage loan shall send1 by first class ,united ,states mail1 written notice to the multifamily borrower under such loan sufficient to inform such borrower in plain language of the borrower's eligibility to request forbearance under subsection 7b74 7#b7 ,content ,the notice established pursuant to paragraph 7#a7 shall include a statement-- 7,a7 explaining that the borrower can seek language assistance and general help through a housing counseling agency in the area that is approved by the ,department of ,housing and ,urban ,development and providing information on how to find such an approved housing counseling agency2 7,b7 that the forbearance under the ,,cares ,act does not terminate the borrower's obligation to make payments due under the mortgage2 7,c7 that borrower will owe any mortgage arrearages that accrue during the forbearance under the ,,cares ,act2 7,d7 explaining the renter protections under section subsection 7d7 of section #djbc of the ,,cares ,act and the prohibitions under subsection 7e7 of such section2 and 7,e7 that borrowers are encouraged to contact their mortgage servicer if they are having trouble making payments due under their mortgage4 7#c7 ,exemption ,a servicer shall not be required to send notice pursuant to paragraph 7#a7 to any multifamily borrower who has previously requested forbearance under subsection 7b74 4 #d4 ,model notices 7a7 ,development ,not later than the expiration of the #g-;day period beginning on the date of the enactment of this ,act1 the ,secretary of ,housing and ,urban ,development1 the ,secretary of ,agriculture1 the ,secretary of ,veterans ,affairs1 and the ,federal ,national ,mortgage ,association and the ,federal ,home ,loan ,mortgage ,corporation1 at the direction of the ,director of the ,federal ,housing ,finance ,agency1 shall jointly establish notices that are sufficient to comply with the requirements of sections #djbb7;d7 and #djbc7;f7 of the ,,cares ,act1 as added by the amendments made by sections #b and #c of this ,act1 respectively4 7b7 ,availability ,such agency heads and entities shall take such actions as may be necessary-- 7#a7 to publicize the availability of such notices to servicers of a ,federally backed mortgage loans and ,federally backed multifamily mortgage loans2 and 7#b7 to make such notices publicly and widely available for use by servicers of a ,federally backed mortgage loans and ,federally backed multifamily mortgage loans4