An amendment numbered 10 printed in House Report 111-370 to require any mortgage servicer or lender participating in the Making Home Affordable Program, to report to the Department of Treasury on a monthly basis. The Department shall make such a report available on their website within two weeks of receiving such information for public viewing. The report to Treasury shall include, but not limited to the following, with respect to the Making Home Affordable Plan: A) the number of loan modification requests received; B) number of loan modification requests being processed; C) the number of loan modification requests that have been approved; D) the number of loan modification requests that have been denied. The amendment gives the Secretary of Treasury authority to publicly release any other relevant data the Secretary deems necessary.

1. Adds Subtitle L--Making Home Affordable Program SEC. 9911. PUBLIC AVAILABILITY OF INFORMATION on page 465, line 2

   Adds a sectionPrinted page

   Inserted: Subtitle L--Making Home Affordable Program SEC. 9911. PUBLIC AVAILABILITY OF INFORMATION.

   Inserted: (a) Revisions to Program Guidelines.--The Secretary of the Treasury (in this section referred to as the "Secretary") shall revise the guidelines for the Home Affordable Modification Program of the Making Home Affordable initiative of the Secretary of the Treasury, authorized under the Emergency Economic Stabilization Act of 2008 (Public Law 110-343), to provide that the data being collected by the Secretary from each mortgage servicer and lender participating in the Program is made public in accordance with subsection (b).

   Inserted: (b) Public Availability.--Data shall be made available according to the following guidelines:

   Inserted: (1) Not more than 14 days after each monthly deadline for submission of data by mortgage servicers and lenders participating in the Program, reports shall be made publicly available by means of a World Wide Web site of the Secretary, and by submitting a report to the Congress, that shall includes the following information:

   Inserted: (A) The number of requests for mortgage modifications under the Program that the servicer or lender has received.

   Inserted: (B) The number of requests for mortgage modifications under the Program that the servicer or lender has processed.

   Inserted: (C) The number of requests for mortgage modifications under the Program that the servicer or lender has approved.

   Inserted: (D) The number of requests for mortgage modifications under the Program that the servicer or lender has denied.

   Inserted: (2) Not more than 60 days after each monthly deadline for submission of data by mortgage servicers and lenders participating in the Program, the Secretary shall make data tables available to the public at the individual record level. The Secretary shall issue regulations prescribing--

   Inserted: (A) the procedures for disclosing such data to the public; and

   Inserted: (B) such deletions as the Secretary may determine to be appropriate to protect any privacy interest of any mortgage modification applicant, including the deletion or alteration of the applicant's name and identification number.

   Original wording

   Page 465, after line 2, insert the following new subtitle:

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As printed