Offers housing counseling to homeowners behind on mortgage payments.
Homeowners who are 30 days or more behind on certain mortgage payments would get the chance to receive housing counseling. This bill would also set new rules for how housing counseling agencies and their counselors are reviewed and certified, aiming to improve service quality and accountability.
Today, homeowners who are behind on their mortgage payments may not always be offered housing counseling, and the funding for such counseling for FHA loans isn't explicitly defined. This bill would ensure that borrowers 30 days or more delinquent on certain federal mortgages are offered counseling, with the Mutual Mortgage Insurance Fund covering the cost for FHA-insured loans. It would also introduce stricter performance reviews for counseling agencies and individual counselors, and new rules for denying funding to non-compliant organizations.
HR 6726 · 119th Congress · December 15, 2025 · AI Summary by gemini-2.5-flash · 5/10
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