An amendment numbered 11 printed in House Report 111-503 to instruct the Federal Housing Administration to continue the Special Forbearance program, as it relates to Chinese Drywall, until the end of FY 2011.
What it does: Adds SEC. 16. SPECIAL FORBEARANCE FOR MORTGAGORS WITH CHINESE DRYWALL at the end of the bill
Rep. Glenn C. Nye (D-VA)Description
Amendment instructs the Federal Housing Administration to continue the special forbearance program, as it relates to Chinese Drywall, until the end of FY 2011.
What it changes
1 change to H.R. 5072
We couldn't match these changes to the text of H.R. 5072, so they're shown as written.
Adds SEC. 16. SPECIAL FORBEARANCE FOR MORTGAGORS WITH CHINESE DRYWALL at the end of the bill
Adds a sectionInserted: SEC. 16. SPECIAL FORBEARANCE FOR MORTGAGORS WITH CHINESE DRYWALL.
Inserted: The provisions of Mortgagee Letter 2002-17 of the Secretary of Housing and Urban Development (regarding "Special Forbearance: Program Changes and Updates") relating to Type I Special Forbearance shall apply, until the conclusion of fiscal year 2011 and may not be revoked, annulled, repealed, or rescinded during such period, with respect to mortgagees of mortgages insured under title II of the National Housing Act that are secured by one- to four-family dwellings that have problem or damaging drywall products.
Original wording
At the end of the bill, add the following new section:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
At the end of the bill, add the following new section:
SEC. 16. SPECIAL FORBEARANCE FOR MORTGAGORS WITH CHINESE DRYWALL.
The provisions of Mortgagee Letter 2002-17 of the Secretary of Housing and Urban Development (regarding “Special Forbearance: Program Changes and Updates”) relating to Type I Special Forbearance shall apply, until the conclusion of fiscal year 2011 and may not be revoked, annulled, repealed, or rescinded during such period, with respect to mortgagees of mortgages insured under title II of the National Housing Act that are secured by one- to four-family dwellings that have problem or damaging drywall products.
Legislative Activity
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House amendment offered
June 10, 2010
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House amendment offered
June 10, 2010
House amendment agreed to: On agreeing to the Nye amendment (A011) Agreed to by voice vote.
June 10, 2010 • 12:51 PM
House amendment offered/reported by : Amendment (A011) offered by Mr. Nye.(consideration: CR H4357; text: CR H4357)
June 10, 2010 • 12:47 PM
Amendment agreed to Committee of the Whole
June 10, 2010 • 12:51 PM
Amendment (A011) offered by Mr. Nye. (consideration: CR H4357; text: CR H4357)
June 10, 2010 • 12:47 PM
On agreeing to the Nye amendment (A011) Agreed to by voice vote.
June 10, 2010 • 12:51 PM