Servicemembers Foreclosure Protection Act of 2014

Bill: 113-hr-5731
Sponsor: full_name: Rep. Grayson, Alan [D-FL-9]
Introduced: 2014-11-18
Policy area: Armed Forces and National Security
Subjects: Housing finance and home ownership

Veterans' loans, housing, homeless programs
Latest action: action_date: 2014-11-25
text: Referred to the Subcommittee on Economic Opportunity.

Summaries:
action_date: 2014-11-18
action_desc: Introduced in House
text: <p>Servicemembers Foreclosure Protection Act of 2014 - Amends the Honoring America's Veterans and Caring for Camp Lejeune Families Act of 2012 to extend through calendar 2016 the one-year period after a servicemember's military service during which: (1) a court may stay proceedings to enforce an obligation on real or personal property owned by the servicemember before such military service; and (2) any sale, foreclosure, or seizure of such property shall be invalid without a court order or a waiver agreement signed by the servicemember. </p>  <p>Repeals the revival, effective January 1, 2015, of the old nine-month period in place of the one-year period granted by such Act.</p>

tv_txt: I 113th CONGRESS 2d Session H. R. 5731 IN THE HOUSE OF REPRESENTATIVES November 18, 2014 Mr. Grayson introduced the following bill; which was referred to the Committee on Veterans' Affairs A BILL To extend foreclosure and eviction protections for servicemembers, and for other purposes.

1. Short title This Act may be cited as the Servicemembers Foreclosure Protection Act of 2014 . 2. Extension of protections for members of uniformed services relating to mortgages, mortgage foreclosure, and eviction (a) In general Paragraph (1) of section 710(d) of the Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012 ( Public Law 112–154 ; 126 Stat. 1208) is amended by striking 2014 and inserting 2016 . (b) Repeal of revival provision Section 710(d) of the Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012 ( Public Law 112–154 ; 126 Stat. 1208) is amended by striking paragraph (3).