B 260448: Uniform Mortgage Modification Act of 2025
B 260448 status: Hearing Scheduled — Public Hearing on B26-0448 (updated Sep 30, 2026).
What this bill does
Overall score
Bill summary
OfficialThe **Uniform Mortgage Modification Act of 2025** is a proposed law in Washington, D.C. Its goal is to make it easier and fairer for homeowners who are struggling to pay their mortgage to work with their bank and change their loan terms, so they don’t lose their homes. It creates one clear, simple set of rules that all...
Key analysis
Impact analysis
Environment
Benefits
- No identified environmental impact.
Risks
- No identified environmental impact.
Economy
Benefits
- Increases housing market stability by reducing foreclosures.
- Reduces administrative complexity through standardized rules.
Risks
- Increases compliance and operational costs for lending institutions.
- Potential for tightened credit standards to mitigate future modification risk.
Society
Benefits
- Provides clearer pathways for struggling homeowners to retain their homes.
- Protects residents from predatory or inconsistent modification practices.
Risks
- None identified.
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Standardized mandates may inadvertently increase credit underwriting stringency for new loans in the District.
Analysis based on high-level abstract only.
Where it stands
Introduced
CompleteCommittee
CurrentPublic Hearing on B26-0448
Floor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
Set your location
Add your district to see how this bill may affect your community and who to contact.
Take action
Contact your representatives
Let them know how you feel about this bill.
Share your view
Join the discussion and see what others are saying.
Track this bill
Stay updated on progress and changes.