,,ii  #aai? ,,congress  #a/ ,session    
,s4 #caef  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #g1 #bjbe ,ms4
 ,alsobrooks 7= h]self1 ,mr4 ,van       
,holl51 ,mr4 ,ka9e1 & ,mr4 ,w>n]7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to provide c]ta9 ,f$]al        
employees ) ! ability to reque/ &       
receive a p]iod ( =be>ance on c]ta9     
mortgage loans dur+ a p]iod dur+ :i* !re
 is a lapse 9 appropriations1 & = o!r   
purposes4  #a4  ,%ort title  ,?is ,act  
may be cit$ z ! ,f$]al ,work] ,mortgage 
,=be>ance ,act4  #b4  ,"r ( affect$     
individuals to reque/ =be>ance  7a7     
,def9itions  ,9 ?is section3 7#a7 ,ag5cy
 ,! t]m ag5cy means ea* au?ority ( !    
executive1 legislative1 or judicial     
bran* ( ! ,gov]nm5t ( ! ,unit$ ,/ates4  
7#b7  ,cov]$ individual  ,! t]m cov]$   
individual-- 7,a7 means an employee ( an
 ag5cy1 )\t reg>d to :e!r ! individual  
is1 dur+ a p]iod dur+ :i* !re is a lapse

 9 appropriations ) respect to ! ag5cy--
  7i7 det]m9$ to be an except$ employee 
or an employee p]=m+ em]g5cy "w1 z ^?   
t]ms are def9$ by ! ,(fice ( ,p]sonnel  
,managem5t2 or  7ii7 subject to furl\gh2
  7,b7 includes a contractor :o--  7i7 z
 "p ( ! ord9>y job duties ( !           
individual1 provides support to any     
employee describ$ 9 subp>agraph 7,a72 & 
7ii7 dur+ a p]iod dur+ :i* !re is a     
lapse 9 appropriations ) respect to !   
applicable ag5cy1 does n provide !      
s]vices describ$ 9 clause 7i72 &  7,c7  
does n include an individual describ$ 9 
subp>agraph 7,a7 or 7,b7 :o1 dur+ a     
p]iod dur+ :i* !re is a lapse 9         
appropriations ) respect to ! applicable
 ag5cy1 is paid ! basic pay ord9>ily    
paid to ! individual4  7#c7  ,cov]$     
p]iod  ,! t]m cov]$ p]iod means1 )      
respect to a p]iod dur+ :i* !re is a    
lapse 9 appropriations ) respect to an  
ag5cy1 ! p]iod beg9n+ on ! date on :i* t
 lapse beg9s & end+ on ! date t is #ahj 
days aft] ! date on :i* t lapse ends4   

7#d7  ,f$]ally back$ mortgage loan  ,!  
t]m ,f$]ally back$ mortgage loan means a
 loan t is--  7,a7 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- 
families2 &  7,b7  7i7 pur*as$ or       
securitiz$ by ! ,f$]al ,home ,loan      
,mortgage ,corporation or ! ,f$]al      
,national ,mortgage ,association2  7ii7 
insur$ by ! ,f$]al ,h\s+ ,adm9i/ration  
"u title ,,ii ( ! ,national ,h\s+ ,act  
7#ab ,u4,s4,c4 #agjg et seq472  7iii7   
insur$ "u section #bee ( ! ,national    
,h\s+ ,act 7#ab ,u4,s4,c4 #agaez-#bj72  
7iv7 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  7v7 gu>ante$ or insur$  
by ! ,dep>tm5t ( ,vet]ans ,affairs2 or  
7vi7 gu>ante$1 made1 or insur$ by !     
,dep>tm5t ( ,agriculture4  7b7          
,=be>ance ( loan paym5ts = hold]s (     
,f$]ally back$ mortgage loans dur+ cov]$

 p]iods  7#a7  ,9 g5]al  ,dur+ any cov]$
 p]iod ) respect to an ag5cy t beg9s on 
or aft] ! effective date ( ?is section  
describ$ 9 subsection 7d71 a cov]$      
individual ) respect to ! ag5cy ) a     
,f$]ally back$ mortgage loan may reque/ 
=be>ance on ! ,f$]ally back$ mortgage   
loan1 reg>dless ( del9qu5cy /atus1 by-- 
7,a7 submitt+ a reque/ to ! s]vic] ( !  
,f$]ally back$ mortgage loan2 &  7,b7   
affirm+ t ! cov]$ individual is exp]i5c+
 a f9ancial h>d%ip because ( !          
applicable lapse 9 appropriations4  7#b7
  ,grant ( =be>ance  ,^u a reque/ by a  
cov]$ individual = =be>ance "u p>agraph 
7#a71 ! s]vic] to :i* ! reque/ 0        
submitt$ %all promptly1 & )\t           
unreasonable delay1 grant =be>ance )    
respect to ! applicable ,f$]ally back$  
mortgage loan--  7,a7 = a p]iod ( #ij   
days2 &  7,b7 reg>dless ( ! del9qu5cy   
/atus ( ! ,f$]ally back$ mortgage loan4 
7#c7  ,"r to discont9ue  ,a cov]$       
individual ) respect to :om =be>ance is 
grant$ "u ?is subsection may1 at any "t1

 reque/ t ! applicable s]vic] discont9ue
 ! =be>ance4  7#d7  ,accrual ( int]e/ or
 fees  ,dur+ a p]iod ( =be>ance "u ?is  
subsection1 no fees1 p5alties1 or       
int]e/1 beyond ! am\nts s*$ul$ or       
calculat$ z if ! applicable cov]$       
individual made all contractual paym5ts 
on "t & 9 full "u ! t]ms ( ! mortgage   
contract1 %all accrue on ! acc\nt ( !   
cov]$ individual4  7#e7  ,no lump-sum   
paym5t requir$  ,aft] ! end ( a p]iod ( 
=be>ance "u ?is subsection ) respect to 
a ,f$]ally back$ mortgage loan1 ! s]vic]
 ( ! ,f$]ally back$ mortgage loan may n 
require ! applicable cov]$ individual to
 pay a lump-sum paym5t = ! paym5ts on ! 
,f$]ally back$ mortgage loan t 7 n paid 
dur+ t p]iod ( =be>ance4  7#f7  ,crim9al
 p5alty = false /atem5ts  ,kn[+ly mak+ a
 false /atem5t 91 or 9 connection )1 a  
reque/ = =be>ance "u p>agraph 7#a7 %all 
con/itute a violation ( section #ajad ( 
title #ah1 ,unit$ ,/ates ,code4  7#g7   
,notice  ,n lat] ?an #aj days aft] !    
date on :i* a lapse 9 appropriations )  

respect to an ag5cy beg9s1 ! head ( !   
ag5cy %all provide notice to cov]$      
individuals ) respect to ! ag5cy ( !    
rights ( ! cov]$ individuals "u ?is     
subsection4  7#h7  ,rule ( con/ruction  
,no?+ 9 ?is subsection may be con/ru$ to
 grant =giv5ess ) respect to a ,f$]ally 
back$ mortgage loan4  7c7  ,furni%+ (   
cr$it in=mation  ,section #fbc7;a77#a7 (
 ! ,fair ,cr$it ,report+ ,act 7#ae      
,u4,s4,c4 #afhas-#b7;a77#a77 is am5d$ by
 add+ at ! end ! foll[+3  7,g7  ,report+
 in=mation relat+ to c]ta9 =be>ances    
7i7  ,def9ition  ,9 ?is subsection1 !   
t]m accommodation means an agreem5t to  
grant a p]iod ( =be>ance pursuant to    
section #b7;b7 ( ! ,f$]al ,work]        
,mortgage ,=be>ance ,act4  7ii7         
,report+  ,except z provid$ 9 clause    
7iii71 if a furni%] makes an            
accommodation ) respect to #a or m      
paym5ts on a cr$it obligation or acc\nt 
( a consum]1 & ! consum] makes ! paym5ts
 or is n requir$ to make #a or m paym5ts
 pursuant to ! accommodation1 ! furni%] 

%all--  7,i7 report ! cr$it obligation  
or acc\nt z curr5t2 or  7,,ii7 if !     
cr$it obligation or acc\nt 0 del9qu5t   
be=e ! accommodation--  7aa7 ma9ta9 !   
del9qu5t /atus dur+ ! p]iod 9 :i* !     
accommodation is 9 effect2 &  7bb7 if ! 
consum] br+s ! cr$it obligation or      
acc\nt curr5t dur+ ! p]iod describ$ 9   
item 7aa71 report ! cr$it obligation or 
acc\nt z curr5t4  7iii7  ,exception     
,clause 7ii7 %all n apply ) respect to a
 cr$it obligation or acc\nt ( a consum] 
t has be5 *>g$-(f4  4  7d7  ,retroactive
 effective date  ,?is section1 & !      
am5dm5ts made by ?is section1 %all take 
effect z if enact$ on ,septemb] #cj1    
#bjbe4