I 
113TH CONGRESS 
1ST SESSION 
H. R. 554 
To provide relief to homeowners affected by Superstorm Sandy who have 
mortgages insured by the FHA, or owned or guaranteed by Fannie 
Mae or Freddie Mac, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 6, 2013 
Mr. JEFFRIES introduced the following bill; which was referred to the 
Committee on Financial Services 
A BILL 
To provide relief to homeowners affected by Superstorm 
Sandy who have mortgages insured by the FHA, or 
owned or guaranteed by Fannie Mae or Freddie Mac, 
and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Superstorm Sandy 
Mortgage Relief Act of 2013’’. 
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SEC. 2. REQUIREMENT TO OFFER FORBEARANCE TO AF-
FECTED HOMEOWNERS. 
(a) REQUIREMENT.—The Secretary of Housing and 
Urban Development and the Director of the Federal 
Housing Finance Agency shall each carry out a program 
under this section to notify mortgagors under covered 
mortgages of the availability of forbearance under the pro-
gram and to offer and provide such relief upon a request 
by an eligible homeowner. 
(b) COVERED MORTGAGE.—For purposes of this sec-
tion, the term ‘‘covered mortgage’’ means a mortgage— 
(1) that is secured by a one- to four-family 
dwelling that— 
(A) is the principal residence of the mort-
gagor; and 
(B) is located within an area for which a 
major disaster was declared pursuant to section 
401 of the Robert T. Stafford Disaster Relief 
and Emergency Assistance Act (42 U.S.C. 
5170) as a result of Hurricane Sandy; and 
(2) that is— 
(A) insured under title II of the National 
Housing Act (12 U.S.C. 1707 et seq.); or 
(B) owned or guaranteed by the Federal 
National Mortgage Association or the Federal 
Home Loan Mortgage Corporation. 
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(c) ELIGIBLE HOMEOWNER.—For purposes of this 
section, the term ‘‘eligible homeowner’’ means a mort-
gagor under a covered mortgage whose— 
(1) household experienced a disruption in in-
come as a result of Hurricane Sandy, as determined 
in accordance with guidelines issued pursuant to 
subsection (k); or 
(2) residence that secures the mortgage was 
damaged as a result of Hurricane Sandy, as deter-
mined in accordance with guidelines issued pursuant 
to subsection (k). 
(d) NOTIFICATION.—Under the program under this 
section, the applicable agency heads shall require each 
mortgagee of a covered mortgage to notify the mortgagor 
under the mortgage in writing, not later than the expira-
tion of the 60-day period beginning on the date of the en-
actment of this Act and in such form as the applicable 
agency heads shall require pursuant to guidelines issued 
under subsection (k)— 
(1) that the mortgage is a covered mortgage 
that may be eligible for forbearance relief under the 
program under this section; 
(2) of the requirements for eligible homeowners 
to qualify for such relief; 
(3) of the terms of such relief; and 
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