Bills · S 2569
IN COMMITTEE· 119TH CONGRESS
Senate BillS 2569Finance and Financial Sector
Mortgage Relief for Disaster Survivors Act
INTRO JUL 31· LAST ACTION JUL 31
READING
4MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenNatural disasters are becoming more frequent and intense, often causing immense financial strain for affected communities. Many people lose their homes, jobs, or face significant repair costs, making it nearly impossible to keep up with mortgage payments right after a disaster.
If this bill becomes law, it would provide a clear and consistent pathway for disaster survivors with federal loans to get a much-needed financial break. This can prevent foreclosures, help people stay in their homes, and allow them to allocate their limited resources to immediate recovery needs like housing, food, and repairs. Without this law, homeowners might face a patchwork of less consistent or less generous forbearance options, potentially leading to more financial hardship and a slower recovery process after a disaster.
KEY PROVISIONS
4AI-extractedPROVISION 01
Allows borrowers with federally backed mortgages in a disaster area to request a temporary pause (forbearance) on their loan payments.
This provides a guaranteed way for disaster survivors to get immediate financial relief during recovery.
PROVISION 02
Requires mortgage servicers to grant an initial 180-day forbearance upon request, with the option for one additional 180-day extension.
Ensures a substantial and extendable period of payment relief is available to those affected by disasters.
PROVISION 03
Prohibits the accrual of additional fees, penalties, or interest (beyond scheduled amounts) during the forbearance period.
Protects borrowers from being financially penalized for pausing payments during a disaster.
PROVISION 04
Applies to any major disaster or emergency declared by the President, a Governor, or an Indian tribal government on or after January 1, 2025.
Defines the specific events and timeframe for when this mortgage relief will be available.
SPONSORSHIP
1 + 1
D· California
YRS IN OFFICE
25
BILLS LED
97
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 1 REP 0 IND 0
ACTION TIMELINE
2 EVENTSJUL 31
Introduced in Senate
JUL 31
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
BILL INFO
TypeSenate Bill
NumberS 2569
Congress119th
StatusIn Committee
IntroducedJul 31, 2025
Last actionJul 31, 2025
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IN COMMITTEE· 119TH CONGRESS · BANKING, HOUSING, AND URBAN AFFAIRS COMMITTEE · INTRODUCED JUL 31, 2025
Senate BillS 2569Finance and Financial Sector
Mortgage Relief for Disaster Survivors Act
INTRODUCED JUL 31, 2025· LAST ACTION JUL 31, 2025
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
1
COMPLEXITY
Moderate
