“ In general.— It is the sense of the Congress that mortgage holders, institutions, and mortgage servicers should not initiate a foreclosure proceeding or a foreclosure sale on any homeowner until the foreclosure mitigation provisions, like the Hope for Homeowners program, as required under title II, and the President’s ``Homeowner Affordability and Stability Plan ́ ́ have been implemented and determined to be operational by the Secretary of Housing and Urban Development and the Secretary of the Treasury. ”

“ Definition.— In this section, the term ``public-private investment fund ́ ́ means a financial vehicle that is— (1) established by the Federal Government to purchase pools of loans, securities, or assets from a financial institution described in section 101 (a) (1) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5211 (a) (1) ) ; and (2) funded by a combination of cash or equity from private investors and funds provided by the Secretary of the Treasury or funds appropriated under the Emergency Economic Stabilization Act of 2008. ”

“ Duty of consumer To maintain property.— Any homeowner for whose benefit any foreclosure proceeding or sale is barred under subsection (a) from being instituted, continued, or consummated with respect to any homeowner mortgage should not, with respect to any property securing such mortgage, destroy, damage, or impair such property, allow the property to deteriorate, or commit waste on the property. ”