,,ii  #aai? ,,congress  #a/ ,session    
,s4 #befi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ca1 #bjbe,mr4   
,s*iff 7= himself & ,mr4 ,b5net7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to provide =be>ance assi/ance  
dur+ a major disa/] or em]g5cy1 & = o!r 
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,mortgage ,relief = ,disa/]
 ,survivors ,act4  #b4 ,def9itions ,9   
?is ,act3 7#a7 ,cov]$ mortgage loan ,!  
cov]$ mortgage loan means-- 7,a7 a      
,f$]ally back$ mortgage loan2 or  7,b7 a
 ,f$]ally back$ multifamily mortgage    
loan4  7#b7 ,cov]$ p]iod ,! t]m cov]$   
p]iod means ! p]iod beg9n+ on ! date ( !
 decl>ation ( a disa/] & end+ on ! date 
on :i* ! decl>ation ends4  7#c7 ,disa/] 
,! t]m disa/] means-- 7,a7 any major    
disa/] or em]g5cy decl>$ by ! ,presid5t 
"u section #dja or #eja1 respectively1 (
 ! ,rob]t ,t4 ,/af=d ,disa/] ,relief &  
,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 

#eagj1 #eaia72 &  7,b7 any disa/] or    
em]g5cy decl>$ by ! ,gov]nor ( a ,/ate  
or ! ,*ief ,executive ( an ,indian      
tribal gov]nm5t4  7#d7 ,disa/] area ,!  
t]m disa/] area means1 ) respect to a   
disa/]1 any area t is subject to !      
decl>ation ( ! disa/]4  7#e7 ,f$]ally   
back$ mortgage loan ,! t]m ,f$]ally     
back$ mortgage loan includes any loan t 
is secur$ by a fir/ or subord9ate li5 on
 resid5tial real prop]ty 7includ+       
individual units ( condom9iums &        
coop]atives7 design$ pr9cipally = !     
occupancy ( f #a- to #d- families t is--
 7,a7 insur$ by ! ,f$]al ,h\s+          
,adm9i/ration "u title ,,ii ( !         
,national ,h\s+ ,act 7#ab ,u4,s4,c4     
#agjg et seq472  7,b7 insur$ "u section 
#bee ( ! ,national ,h\s+ ,act 7#ab      
,u4,s4,c4 #agaez-#bj72  7,c7 gu>ante$ "u
 section #ahd or #ahd;,a ( ! ,h\s+ &    
,community ,developm5t ,act ( #aiib 7#ab
 ,u4,s4,c4 #agaez-#ac;a1 #agaez-#ac;b72 
7,d7 gu>ante$ or insur$ by ! ,dep>tm5t (
 ,vet]ans ,affairs2  7,e7 gu>ante$ or   

insur$ by ! ,dep>tm5t ( ,agriculture2   
7,f7 made by ! ,dep>tm5t ( ,agriculture2
 or  7,g7 pur*as$ or securitiz$ by !    
,f$]al ,home ,loan ,mortgage            
,corporation or ! ,f$]al ,national      
,mortgage ,association4  7#f7 ,f$]ally  
back$ multifamily mortgage loan ,! t]m  
,f$]ally back$ multifamily mortgage loan
 includes any loan 7o!r ?an tempor>y    
f9anc+1 su* z a con/ruction loan7 t--   
7,a7 is secur$ by a fir/ or subord9ate  
li5 on resid5tial multifamily real      
prop]ty design$ pr9cipally = ! occupancy
 ( #e or m families1 includ+ any su*    
secur$ loan1 ! proce$s ( :i* are us$ to 
prepay or pay (f an exi/+ loan secur$ by
 ! same prop]ty2 &  7,b7 is-- 7i7 insur$
 "u section #bee ( ! ,national ,h\s+    
,act 7#ab ,u4,s4,c4 #agaez-#bj72  7ii7  
gu>ante$ "u section #ahd or #ahd;,a ( ! 
,h\s+ & ,community ,developm5t ,act (   
#aiib 7#ab ,u4,s4,c4 #agaez-#ac;a1      
#agaez-#ac;b72  7iii7 gu>ante$ or insur$
 by ! ,dep>tm5t ( ,vet]ans ,affairs2    
7iv7 gu>ante$ or insur$ by ! ,dep>tm5t (

 ,agriculture2  7v7 made by ! ,dep>tm5t 
( ,agriculture2 or  7vi7 pur*as$ or     
securitiz$ by ! ,f$]al ,home ,loan      
,mortgage ,corporation or ! ,f$]al      
,national ,mortgage ,association4  7#g7 
,gov]nor2 ,indian tribal gov]nm5t2 ,/ate
 ,! t]ms ,gov]nor1 ,indian tribal       
gov]nm5t1 & ,/ate h ! mean+s giv5 ^?    
t]ms 9 section #ajb ( ! ,rob]t ,t4      
,/af=d ,disa/] ,relief & ,em]g5cy       
,assi/ance ,act 7#db ,u4,s4,c4 #eabb74  
#c4 ,=be>ance ( loan paym5ts = borr[]s (
 prop]ties ) ,f$]ally back$ loans 9     
disa/] areas  7a7 ,9 g5]al ,) respect to
 any disa/]1 a borr[] ) a cov]$ mortgage
 loan t is secur$ by a prop]ty locat$ )9
 ! disa/] area may reque/ a =be>ance on 
! cov]$ mortgage loan dur+ ! cov]$      
p]iod4  7b7 ,reque/ = =be>ance ,a borr[]
 describ$ 9 subsection 7a7 may reque/ a 
=be>ance on a cov]$ mortgage loan1      
reg>dless ( ! del9qu5cy /atus ( ! cov]$ 
mortgage loan1 by-- 7#a7 submitt+ a     
reque/ to ! borr[]'s s]vic] 9 writ+1 ov]
 ! phone1 onl9e1 or ?r\gh any o!r       

notification me?od det]m9$ to be        
eligible by ! s]vic]2 &  7#b7 affirm+ t 
! borr[] is exp]i5c+ a f9ancial h>d%ip4 
7c7 ,grant ( =be>ance  7#a7 ,9 g5]al ,^u
 receiv+ a reque/ = a =be>ance f a      
borr[] describ$ 9 subsection 7a71 !     
borr[]'s s]vic] %all promptly & )\t     
unreasonable delay grant a =be>ance--   
7,a7 = a duration ( #ahj days2 &  7,b7  
reg>dless ( ! del9qu5cy /atus ( ! cov]$ 
mortgage loan4  7#b7 ,ext5sion (        
=be>ance ,at any "t dur+ ! =be>ance1 a  
borr[] may reque/ an ext5sion1 ( n m ?an
 #ahj days1 ( ! duration describ$ 9     
p>agraph 7#a77;,a74  7d7 ,"r ,to        
discont9ue ,a borr[] describ$ 9         
subsection 7a7 may reque/ to discont9ue 
a =be>ance grant$ "u subsection 7c7 at  
any "t4  7e7 ,accrual ,dur+ any =be>ance
 grant$ "u subsection 7c71 no fees1     
p5alties1 or int]e/ 7beyond ! am\nts    
s*$ul$ or calculat$ z if ! borr[] made  
all contractual paym5ts on "t & 9 full  
"u ! t]ms ( ! mortgage contract7 %all   
accrue on ! borr[]'s acc\nt4  7f7       

,application ,?is section %all apply to 
) respect to any disa/] decl>$ on or    
aft] ,janu>y #a1 #bjbe4