H.Amdt. 27House111th Congress (2009-2011)

An amendment numbered 4 printed in House Report 111-21 to require a servicer that receives an incentive payment under the Hope for Homeowners program to notify all mortgagors under mortgages they service who are "at-risk homeowners", that they may be eligible for the HOPE for Homeowners Program and how to obtain information regarding the program.

What it does: 2 changes: replaces text, inserts text
Sponsored by Dina TitusRep. Dina Titus (D-NV)
Submitted March 5, 2009

Description

Page 34, strike line 13, and insert the following: "(x) Payment to Existing Loan Servicers-***.

What it changes

2 changes to H.R. 1106

Replaces textInserts text
  1. Change 1: Rewrites page 34, line 13

    ReplacesPrinted page

    Removes page 34, line 13 of the printed bill. See that page

    Inserted: (x) Payment to Existing Loan Servicers.--

    Inserted: (1) Payment.--The

    Original wording

    Page 34, strike line 13, and insert the following:

  2. Change 2: Inserts new text on page 34, line 17

    Inserted: (2) Notification requirement.--The Secretary shall require each servicer that receives a payment under this paragraph to notify all mortgagors under mortgages serviced by such servicer who are at-risk homeowners (as such term is defined by the Secretary), in a form and manner as shall be prescribed by the Secretary, that they may be eligible for the HOPE for Homeowners Program under this section and how to obtain information regarding the program.

    Original wording

    Page 34, after line 17, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

Page 34, strike line 13, and insert the following:

“(x) Payment to Existing Loan Servicers.--

“(1) Payment.--The”.

Page 34, after line 17, insert the following:

“(2) Notification requirement.--The Secretary shall require each servicer that receives a payment under this paragraph to notify all mortgagors under mortgages serviced by such servicer who are at-risk homeowners (as such term is defined by the Secretary), in a form and manner as shall be prescribed by the Secretary, that they may be eligible for the HOPE for Homeowners Program under this section and how to obtain information regarding the program.”.

Legislative Activity

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3 earlier actions
Floor Latest Action

House amendment offered

March 5, 2009

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Floor

House amendment offered

March 5, 2009

Not Used

House amendment offered/reported by : Amendment (A004) offered by Ms. Titus.(consideration: CR H3017-3018; text: CR H3017)

March 5, 2009 • 1:21 PM

Floor

Amendment (A004) offered by Ms. Titus. (consideration: CR H3017-3018; text: CR H3017)

March 5, 2009 • 1:21 PM

Floor

By unanimous consent, the Titus amendment was withdrawn. (consideration: CR H3018)

March 5, 2009 • 1:33 PM