SEC. 5. NOTICE TO BORROWERS OF LOSS MITIGATION STA-
TUS AND DECISIONS. 
Subsection (a) of section 204 of the National Hous-
ing Act (12 U.S.C. 1710(a)), as amended by the preceding 
provisions of this Act, is further amended by adding at 
the end the following new paragraph: 
‘‘(11) NOTICE TO BORROWERS OF LOSS MITIGA-
TION STATUS AND DECISIONS.— 
‘‘(A) REQUIRED
NOTICE.—The Secretary 
shall require that before any acceleration of the 
indebtedness due under a mortgage, the servicer 
for the mortgage shall provide written notice to 
the mortgagor that includes— 
‘‘(i) a summary explaining how the 
servicer applied the loss mitigation option 
priority analysis established by the Sec-
retary, including the loss mitigation review 
waterfall under section III.A.2.j.iii of the 
Secretary’s Handbook 4000.1 or any suc-
cessor provision, and setting forth the ac-
tual information entered in applying such 
analysis; 
‘‘(ii) with respect to any mortgage for 
which the servicer did not conduct the 
analysis referred to in clause (i) because 
the servicer determined that the mortgagor 
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did not express any interest in loss mitiga-
tion or provide appropriate documents— 
‘‘(I) a statement of such deter-
mination; 
‘‘(II) a description of the actions 
that the servicer took to solicit the 
borrower for loss mitigation review 
and obtain appropriate documents; 
and 
‘‘(III) a statement of the dates 
that the servicer took such actions; 
and 
‘‘(iii) a statement setting forth the re-
sults of the servicers’ monthly loss mitiga-
tion evaluations for the mortgage required 
under section 203.605(a) of the Sec-
retary’s 
regulations 
(24 
C.F.R. 
203.605(a)) or any successor provision; 
‘‘(iv) with respect to any loss mitiga-
tion action for which the mortgagor was 
determined to be ineligible, an explanation 
of, and documentation showing, why the 
mortgagor was determined to be ineligible; 
‘‘(v) a statement informing the bor-
rower that, upon the request of the bor-
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rower, the Secretary will provide the bor-
rower with all loss mitigation evaluation 
documentation required by the Secretary 
with respect to the mortgage, including 
monthly evaluations referred to in clause 
(iii); and 
‘‘(vi) information describing the proce-
dure under section 543(a) for registering 
complaints regarding loss mitigation and 
the procedure under section 543(c) for ap-
pealing a servicer’s decisions regarding loss 
mitigation actions. 
‘‘(B) REFERENCES.—Such notice shall 
contain references to the applicable provisions 
of applicable handbook of the Secretary regard-
ing ongoing loss mitigation reviews and stand-
ards for such reviews and shall identify how 
such provisions may be accessed on a publicly 
accessible website of the Department.’’. 
SEC. 6. RULE OF CONSTRUCTION. 
Nothing in this Act may be construed to supercede, 
or exempt any person from complying with, any provision 
of the Real Estate Settlement Procedures Act of 1974 (12 
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U.S.C. 2601 et seq.) or the regulations issued under such 
Act. 
Æ 
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