Bill · H.R. 2928· House(119-HR-2928)
Mortgage Relief for Disaster Survivors Act
- Introduced
- 4/17/2025
- Last activity
- 4/17/2025 — Referred to the House Committee on Financial Services.
- Sponsored by
- Judy Chu
- Cosponsors
- - 13 - 0
- Introduced
- In Committee
What this bill would do
The Mortgage Relief for Disaster Survivors Act aims to provide forbearance assistance during major disasters or emergencies. It allows borrowers with covered mortgage loans for damaged or destroyed properties in disaster areas to request a pause on loan payments. Upon receiving a written request and documentation of damage, a servicer must grant a 180-day forbearance. Borrowers also have the option to request an extension for up to an additional 180 days. During this time, no additional fees, penalties, or interest shall accrue on the account beyond scheduled amounts.
Yes· 3 of 6
Does this make housing cost less?+7
The bill aids housing stability by allowing mortgage holders to pause payments during disasters.
Does this give people more protection from unfair business practices?+7
The bill provides strong consumer protections by mandating forbearance and preventing the accrual of additional fees or penalties during disasters.
Does this improve help for people hit by a disaster?+6
The bill complements federal disaster declarations by providing direct financial relief to mortgage holders.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Mandatory Forbearance Relief: Servicers are required to grant a forbearance for 180 days once a borrower submits a written request and proof of damage, regardless of whether the loan is currently delinquent (Section 2(c)(1)).
-
Option for Extended Relief: Borrowers have the ability to ask for an extension of the forbearance for up to an additional 180 days (Section 2(c)(2)).
-
Protection Against Additional Costs: During the forbearance period, borrowers are protected from the accrual of fees, penalties, or interest beyond the amounts scheduled in the original mortgage contract (Section 2(e)).
-
Flexibility in Repayment: A borrower has the right to request to stop the forbearance at any time (Section 2(d)).
Potential Negative Impacts for People
- Documentation Requirements: To receive relief, a borrower must provide documentation of verifiable damage or destruction to their property (Section 2(b)(2)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Social Issues And Justice
- Improves Affordable Housing+7Reduces Homelessness+5
- Demographic And Interest Groups
- Good For Low Income Households+5Good For Middle Class Households+5
- Economy And Finance
- Improves Consumer Protection+7
- Environment Energy And Infrastructure
- Improves Disaster Relief And F E M A+6
- 1/15/2026
- 1 Cosponsor added.
- 4/17/2025
- Referred to the House Committee on Financial Services.
- 12 Cosponsors added.
- Introduced in House
J. CorreaDemocrat · California
Cleo FieldsDemocrat · Louisiana
Laura FriedmanDemocrat · California
Jimmy GomezDemocrat · California
Sylvia GarciaDemocrat · Texas
Jared HuffmanDemocrat · California
Ted LieuDemocrat · California
Joe NeguseDemocrat · Colorado
Ayanna PressleyDemocrat · Massachusetts
Brad ShermanDemocrat · California
Linda SánchezDemocrat · California
Jill TokudaDemocrat · Hawaii
Shri ThanedarDemocrat · Michigan