(3) the number of households and individuals 
assisted; 
(4) the acceptance rate of applicants; 
(5) the average amount of assistance provided 
per household receiving assistance; 
(6) the average length of assistance provided 
per household receiving assistance; 
(7) the income ranges of households for each 
household receiving assistance; and 
(8) the outcome 12 months after the household 
has received assistance. 
SEC. 109. MORTGAGE FORBEARANCE. 
(a) FINDINGS.— 
(1) FINDINGS.—Congress finds that— 
(A) the collection of debts involves the use 
of the mails and wires and other instrumental-
ities of interstate commerce; 
(B) at times of major disaster or emer-
gency, the income of consumers is often im-
paired and their necessary daily expenses often 
increase; 
(C) temporary forbearance benefits not 
only consumer and small business debtors, but 
also other creditors by avoiding downward col-
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00050
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
lateral price spirals triggered by an increase in 
foreclosure activity; 
(D) without forbearance, many consumers 
and small businesses are unlikely to be able to 
pay their obligations according to their original 
terms and are likely to default on obligations or 
file for bankruptcy, resulting in reduced recov-
eries for creditors, and in the case of bank-
ruptcy, no recovery of unaccrued interest; 
(E) with forbearance, creditors are likely 
to realize greater long-term value because con-
sumers and small businesses will be more likely 
to be able to repay their obligations after the 
major disaster or emergency has subsided; 
(F) the legislative and administrative re-
sponse to major disasters and emergencies may 
consist of multiple components divided among 
different statutes and programs; and 
(G) when evaluating whether property has 
been taken from a person without just com-
pensation, a holistic evaluation of the burdens 
and benefits of all legislative and administrative 
responses, including indirect benefits from mac-
roeconomic stabilization, is appropriate. 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00051
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
(2) FURTHER FINDINGS REGARDING MORTGAGE 
FORBEARANCE.—Congress further finds that— 
(A) ensuring that consumers are able to 
remain in their residences reduces the disrup-
tions and economic harm caused by such disas-
ters and emergencies by ensuring that con-
sumers are able to continue their existing em-
ployment, education, childcare, and healthcare 
arrangements, which are often geographically 
based; 
(B) temporary forbearance on residential 
mortgages is therefore critical to fostering eco-
nomic recovery and stability in the wake of 
major disasters or emergencies; 
(C) temporary mortgage forbearance dur-
ing a declared disaster benefits not only mort-
gagors, but also mortgagees because mortga-
gors’ ability to pay is likely to be restored after 
a disaster or emergency subsides, so forbear-
ance may increase mortgagors’ total recovery. 
Without forbearance, mortgagors are likely to 
default or file for bankruptcy, resulting in sig-
nificant losses for mortgagees; and 
(D) temporary mortgage forbearance dur-
ing a declared disaster also benefits the mortga-
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00052
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
gees of other properties because housing prices 
are geographically and serially correlated so an 
increase in foreclosures can drive down the 
value of collateral for all mortgage lenders, fur-
ther destabilizing the economy. 
(3) FURTHER FINDINGS REGARDING MORTGAGE 
SERVICERS.—Congress further finds that— 
(A) mortgage servicers are often contrac-
tually obligated to advance scheduled mortgage 
payments to securitization investors, irrespec-
tive of whether the servicer collects the payment 
from the mortgagor; 
(B) mortgage servicers are often thinly 
capitalized and with limited capacity for engag-
ing in large scale advancing of payments to 
securitization investors; 
(C) securitization investors have long been 
aware of servicers’ thin capitalization; 
(D) in the wake of the 2008 financial cri-
sis, several servicers had difficulty obtaining 
sufficiently liquidity to make advances; 
(E) mortgage servicing is a heavily regu-
lated industry; 
(F) in response to the 2008 financial cri-
sis, Congress created a safe harbor for mort-
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00053
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
gage servicers that undertook loan modifica-
tions; 
(G) in response to the 2008 financial cri-
sis, the Home Affordable Modification Program 
paid mortgage servicers to undertake loan 
modifications; 
(H) as part of the 2012 joint State-Fed-
eral National Mortgage Settlement, mortgage 
servicers committed to undertaking loan modi-
fications; and 
(I) investors in mortgage securitizations 
are or should be aware of servicers’ thin cap-
italization, liquidity constraints, the extent and 
history of servicing regulation and therefore do 
not have a reasonable expectation that the 
terms of servicing contracts will be enforceable 
at times of national financial crisis. 
(4) DETERMINATION.—It is the sense of the 
Congress that, on the basis of the findings described 
under paragraphs (1), (2), and (3), the Congress de-
termines that the provisions of this Act are nec-
essary and proper for the purpose of carrying into 
execution the powers of the Congress to regulate 
commerce among the several States and to establish 
uniform bankruptcy laws. 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00054
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
(b) PROHIBITION ON FORECLOSURES AND REPOS-
SESSIONS DURING THE COVID–19 EMERGENCY.— 
(1) PROHIBITION
ON
FORECLOSURES.—The 
Real Estate Settlement Procedures Act of 1974 (12 
U.S.C. 2601 et seq.) is amended— 
(A) in section 3 (12 U.S.C. 2602)— 
(i) in paragraph (8), by striking 
‘‘and’’ at the end; 
(ii) in paragraph (9), by striking the 
period at the end and inserting ‘‘; and’’; 
and 
(iii) by adding at the end the fol-
lowing: 
‘‘(10) the term ‘COVID–19 emergency’ means 
the period that begins upon the date of the enact-
ment of this Act and ends on the date of the termi-
nation by the Federal Emergency Management 
Agency of the emergency declared on March 13, 
2020, by the President under the Robert T. Stafford 
Disaster Relief and Emergency Assistance Act (42 
U.S.C. 4121 et seq.) relating to the Coronavirus 
Disease 2019 (COVID–19) pandemic.’’; and 
(B) 
in 
section 
6(k)(1) 
(12 
U.S.C. 
2605(k)(1))— 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00055
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
(2) REPOSSESSION PROHIBITION.—During the 
COVID–19 emergency and for the 180-day period 
following such emergency, a servicer of a consumer 
loan secured by a manufactured home or a motor ve-
hicle may not repossess such home or vehicle. 
(c) FORBEARANCE
OF
RESIDENTIAL
MORTGAGE 
LOAN PAYMENTS FOR SINGLE FAMILY PROPERTIES (1– 
4 UNITS).—Section 6 of the Real Estate Settlement Pro-
cedures Act of 1974 (12 U.S.C. 2605) is amended by add-
ing at the end the following: 
‘‘(n) FORBEARANCE DURING THE COVID–19 EMER-
GENCY.— 
‘‘(1) CONSUMER RIGHT TO REQUEST A FOR-
BEARANCE.— 
‘‘(A) REQUEST
FOR
FORBEARANCE.—A 
borrower experiencing a financial hardship dur-
ing the COVID–19 emergency may request for-
bearance from any mortgage obligation, regard-
less of delinquency status, by submitting a re-
quest to the borrower’s servicer, either orally or 
in writing, affirming that the borrower is expe-
riencing hardship during the COVID–19 emer-
gency. A borrow shall not be required to provide 
any additional documentation to receive such 
forbearance. 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00057
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
‘‘(B) LENGTH OF FORBEARANCE; EXTEN-
SION.—A forbearance requested pursuant to 
subparagraph (A) shall be provided for a period 
of 180 days, and may be extended upon request 
of the borrower for an additional 180 days. 
‘‘(C) TREATMENT
OF
TENANTS.—A bor-
rower receiving a forbearance under this sub-
section with respect to a mortgage secured by 
a dwelling that has tenants, whether or not the 
borrower also lives in the dwelling, shall provide 
the tenants with rent relief for a period not less 
than the period covered by the forbearance. 
‘‘(2) AUTOMATIC
FORBEARANCE
FOR
DELIN-
QUENT BORROWERS.— 
‘‘(A) IN GENERAL.—Notwithstanding any 
other law governing forbearance relief, during 
the COVID–19 emergency, any borrower who is 
or becomes 60 days or more delinquent on a 
mortgage obligation shall automatically be 
granted a 180-day forbearance, which may be 
extended upon request of the borrower for an 
additional 180 days. Such a borrower may elect 
to continue making regular payments by noti-
fying the servicer of the mortgage obligation of 
such election. 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00058
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
‘‘(B) 
NOTICE
TO
BORROWER.—The 
servicer of a mortgage obligation placed in for-
bearance pursuant to subparagraph (A) shall 
provide the borrower written notification of the 
forbearance and its duration as well as informa-
tion about available loss mitigation options and 
the right to end the forbearance and resume 
making regular payments. 
‘‘(C) TREATMENT OF PAYMENTS DURING 
FORBEARANCE.—Any payments made by the 
borrower during the forbearance period shall be 
credited to the borrower’s account in accord-
ance with section 129F of the Truth in Lending 
Act (15 U.S.C. 1639f) or as the borrower may 
otherwise instruct that is consistent with the 
terms of the mortgage loan contract. 
‘‘(3) REQUIREMENTS FOR SERVICERS.— 
‘‘(A) NOTIFICATION.— 
‘‘(i) IN GENERAL.—Each servicer of a 
federally related mortgage loan shall notify 
the borrower of their right to request for-
bearance under paragraph (1)— 
‘‘(I) not later than 14 days after 
the date of enactment of this sub-
section; and 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00059
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
‘‘(II) until the end of COVID–19 
emergency— 
‘‘(aa) on each periodic state-
ment provided to the borrower; 
and 
‘‘(bb) in any oral or written 
communication by the servicer 
with or to the borrower. 
‘‘(ii) MANNER OF NOTIFICATION.— 
‘‘(I) WRITTEN
NOTIFICATION.— 
Any 
written 
notification 
required 
under this section— 
‘‘(aa) shall be provided— 
‘‘(AA) in English and 
Spanish and in any addi-
tional languages in which 
the servicer communicates, 
including the language in 
which the loan was nego-
tiated, to the extent known 
by the servicer; and 
‘‘(BB) at least as clear-
ly and conspicuously as the 
most clear and conspicuous 
disclosure on the document; 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00060
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
‘‘(bb) shall include the noti-
fication of the availability of lan-
guage assistance and housing 
counseling produced by the Fed-
eral Housing Finance Agency 
under subsection (o); and 
‘‘(cc) may be provided by 
first-class mail or electronically, 
if the borrower has otherwise 
consented to electronic commu-
nication with the servicer and has 
not revoked such consent. 
‘‘(II) ORAL NOTIFICATION.—Any 
oral notification required under clause 
(i) shall be provided in the language 
the servicer otherwise uses to commu-
nicate with the borrower. 
‘‘(III) 
WRITTEN
TRANS-
LATIONS.—In providing written notifi-
cations 
in 
languages 
other 
than 
English 
under 
subclause 
(I), 
a 
servicer may rely on written trans-
lations developed by the Federal 
Housing Finance Agency or the Bu-
reau. 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00061
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
‘‘(B) OTHER REQUIREMENTS.— 
‘‘(i) 
FORBEARANCE
REQUIRED.— 
Upon receiving a request for forbearance 
from a consumer under paragraph (1) or 
placing a borrower in automatic forbear-
ance under paragraph (2), a servicer shall 
provide the forbearance for not less than 
180 days, and an additional 180 days at 
the request of the borrower, provided that 
the borrower will have the option to dis-
continue the forbearance at any time. 
‘‘(ii) PROHIBITION
ON
FEES, PEN-
ALTIES, AND INTEREST.—During the pe-
riod of a forbearance under this sub-
section, no fees, penalties or additional in-
terest beyond the amounts scheduled or 
calculated as if the borrower made all con-
tractual payments on time and in full 
under the terms of the mortgage contract 
in effect at the time the borrower enters 
into the forbearance shall accrue. 
‘‘(iii) TREATMENT
OF
ESCROW
PAY-
MENTS.—If a borrower in forbearance 
under this subsection is required to make 
payments to an escrow account, the 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00062
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
servicer shall pay or advance the escrow 
disbursements in a timely manner (defined 
as on or before the deadline to avoid a 
penalty), regardless of the status of the 
borrower’s payments. The servicer may col-
lect any resulting escrow shortage or defi-
ciency from the borrower after the forbear-
ance period ends, in a lump sum payment, 
spread over 60 months, or capitalized into 
the loan, at the borrower’s election.’’. 
(d) NOTIFICATION OF LANGUAGE ASSISTANCE AND 
HOUSING COUNSELING.—Section 6 of the Real Estate 
Settlement Procedures Act of 1974 (12 U.S.C. 2605), as 
amended by subsection (c), is further amended by adding 
at the end the following: 
‘‘(o) NOTIFICATION OF LANGUAGE ASSISTANCE AND 
HOUSING COUNSELING.— 
‘‘(1) IN GENERAL.—The Federal Housing Fi-
nance Agency shall, within 30 days of the date of 
enactment of this Act, make available a document 
providing notice of the availability of language as-
sistance and housing counseling in substantially the 
same form, and in at least the same languages, as 
the existing Language Translation Disclosure. 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00063
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
‘‘(2) MINIMUM REQUIREMENT.—The document 
described under subsection (a) shall include the no-
tice in at least all the languages for which Federal 
Housing Finance Agency currently has translations 
on its existing Language Translation Disclosure 
available. 
‘‘(3) PROVISION TO SERVICERS.—The Federal 
Housing Finance Agency shall make this document 
available to servicers to fulfill their requirements 
under subsection (n).’’. 
(e) UNITED STATES DEPARTMENT OF AGRICULTURE 
DIRECT LOAN PROGRAM.—Section 505 of the Housing 
Act of 1949 (42 U.S.C. 1475) is amended— 
(1) by redesignating subsection (b) as sub-
section (c); and 
(2) by inserting after subsection (a) the fol-
lowing: 
‘‘(b) LOAN MODIFICATION.— 
‘‘(1) IN GENERAL.—The Secretary shall imple-
ment a loan modification program to modify the 
terms of outstanding loans for borrowers who face 
financial hardship. 
‘‘(2) 
AFFORDABLE
PAYMENTS.—The 
Sec-
retary’s loan modification program under paragraph 
(1) shall be designed so as to provide affordable pay-
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00064
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
ments for borrowers. In defining ‘affordable pay-
ments’ the Secretary shall consult definitions of af-
fordability promulgated by the Federal Housing Fi-
nance Authority, the Department of Housing and 
Urban Development, and the Bureau of Consumer 
Financial Protection. 
‘‘(3) ADDITIONAL PROGRAM REQUIREMENTS.— 
The Secretary’s loan modification program under 
paragraph (1) shall allow for measures including ex-
tension of the remaining loan term to up to 480 
months and a reduction in interest rate to the mar-
ket interest rate as defined by regulations of the 
Secretary. The modification program shall be avail-
able for borrowers in a moratorium and for bor-
rowers not already in a moratorium who qualify 
under the terms established by the Secretary. The 
Secretary may also establish reasonable additional 
measures for providing affordable loan modifications 
to borrowers.’’; 
(3) in subsection (c), as so redesignated, by 
adding at the end the following: ‘‘Acceleration of the 
promissory note and initiation of foreclosure pro-
ceedings shall not terminate a borrower’s eligibility 
for a moratorium, loan reamortization, special serv-
icing, or other foreclosure alternative.’’; and 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00065
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
(4) by adding at the end the following: 
‘‘(d) REQUIREMENT.—The Secretary shall comply 
with subsections (k)(1), (n), and (o) of section 6 of the 
Real Estate Settlement Procedures Act of 1974 with re-
spect to any single-family loans it holds or services.’’. 
(f) FORBEARANCE
OF
RESIDENTIAL
MORTGAGE 
LOAN PAYMENTS FOR MULTIFAMILY PROPERTIES (5+ 
UNITS).— 
(1) IN
GENERAL.—During the COVID–19 
emergency, a multifamily borrower experiencing a fi-
nancial hardship due, directly or indirectly, to the 
COVID–19 emergency may request a forbearance 
under the terms set forth in this section. 
(2) REQUEST FOR RELIEF.—A multifamily bor-
rower may submit a request for forbearance under 
paragraph (1) to the borrower’s servicer, either oral-
ly or in writing, affirming that the multifamily bor-
rower is experiencing hardship during the COVID– 
19 emergency. 
(3) FORBEARANCE PERIOD.— 
(A) IN GENERAL.—Upon receipt of an oral 
or written request for forbearance from a multi-
family borrower, a servicer shall— 
(i) document the financial hardship; 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00066
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS
(ii) provide the forbearance for not 
less than 180 days; and 
(iii) provide the forbearance for an ad-
ditional 180 days upon the request of the 
borrower at least 30 days prior to the end 
of the forbearance period described under 
subparagraph (A). 
(B) RIGHT
TO
DISCONTINUE.—A multi-
family borrower shall have the option to dis-
continue the forbearance at any time. 
(4) RENTER PROTECTIONS.—During the term 
of a forbearance under this section, a multifamily 
borrower may not— 
(A) evict a tenant for nonpayment of rent; 
or 
(B) apply or accrue any fees or other pen-
alties on renters for nonpayment of rent. 
(5) OBLIGATION
TO
BRING
THE
LOAN
CUR-
RENT.—A multifamily borrower shall bring a loan 
placed in forbearance under this section current 
within the earlier of— 
(A) 12 months after the conclusion of the 
forbearance period; or 
(B) receipt of any business interruption in-
surance proceeds by the multifamily borrower. 
VerDate Sep 11 2014 
00:10 Apr 09, 2020
Jkt 099200
PO 00000
Frm 00067
Fmt 6652
Sfmt 6201
E:\BILLS\H6321.IH
H6321
PAMTMANN on DSKBC07HB2PROD with BILLS