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S 3156119th CongressIn Committee
Federal Worker Mortgage Forbearance Act
Introduced: Nov 7, 2025
Sponsor: Sen. Alsobrooks, Angela D. [D-MD] (D-Maryland)
Standard Summary
Comprehensive overview in 1-2 paragraphs
The Federal Worker Mortgage Forbearance Act provides mortgage forbearance protections for federal employees and contractors during government shutdowns.
Key Points
- 1Allows covered federal employees and contractors to request 90-day mortgage forbearance during appropriations lapses
- 2Applies to federally backed mortgage loans regardless of delinquency status
- 3Prohibits accumulation of fees, penalties, or additional interest during forbearance period
- 4Requires agencies to notify affected individuals of their rights within 10 days of shutdown
- 5Includes criminal penalties for false statements in forbearance requests
- 6Mandates favorable credit reporting during forbearance period
Impact Areas
Federal government employeesGovernment contractorsMortgage servicersHousing market during government shutdownsCredit reporting agencies
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