Establishes mortgage payment relief and foreclosure protection for certain homeowners impacted by the remnants of Hurricane Ida.

This bill establishes mortgage payment relief and foreclosure protection for certain homeowners impacted by the remnants of Hurricane Ida. It defines a "storm-impacted homeowner" as a homeowner who occupied a residential property as their primary residence as of August 31, 2021, and obtained federal disaster assistance due to damage from the storm. The bill requires mortgage servicers to grant a one-year forbearance on mortgage payments if the homeowner submits a written request, affirming they suffered financial impact from the storm and obtained federal disaster assistance.

Establishes mortgage payment relief and foreclosure protection for certain homeowners impacted by the remnants of Hurricane Ida.

This bill establishes mortgage payment relief and foreclosure protection for certain homeowners impacted by the remnants of Hurricane Ida. It defines a "storm-impacted homeowner" as a homeowner who occupied a residential property as their primary residence as of August 31, 2021, and obtained federal disaster assistance due to damage from the storm. The bill requires mortgage servicers to grant a one-year forbearance on mortgage payments if the homeowner submits a written request, affirming they suffered financial impact from the storm and obtained federal disaster assistance.