An amendment numbered 4 printed in Part A of House Report 112-34 to direct the Secretary, upon termination of the Home Affordable Modification Program, to undertake a study of the use of the program by covered homeowners, and also of the effectiveness of the program in assisting these homeowners. Following completion of that study, the Secretary would be required to implement a new program to assist the same group of homeowners based on the study's findings.
What it does: 7 changes: inserts text in 6 places, replaces textDescription
Amendment sought to direct the Secretary, upon termination of the Home Affordable Modification Program, to undertake a study of the use of the program by covered homeowners, and also of the effectiveness of the program in assisting these homeowners. Following completion of that study, the Secretary would have been required to implement a new program to assist the same group of homeowners based on the study's findings.
What it changes
7 changes to H.R. 839 · 2 shown in the bill's text
Change 1: Inserts “, Effectiveness of Program, and Replacement Program” before the period at the end
Inserted: , Effectiveness of Program, and Replacement Program
Original wording
Page 5, line 6, before the period insert “, Effectiveness of Program, and Replacement Program”.
Change 2: Inserts “(i)” before “determine”
In H.R. 839 · Reported in House
"(3) Study of use of program by members of the armed forces, veterans, and gold star recipients.--
"(A) Study.--The Secretary shall conduct a study to [inserted: (i) ]determine the extent of usage of the Home Affordable Modification Program by, and the impact of such Program on, covered homeowners.
"(B) Report.--Not later than the expiration of the 90-day period beginning on the date of the enactment of this subsection, the Secretary shall submit to the Congress a report setting forth the results of the study under paragraph (1) and identifying best practices, derived from studying the Home Affordable Modification Program, that could be applied to existing mortgage assistance programs available to covered homeowners.
Original wording
Page 5, line 8, before “determine” insert “(i)”.
Change 3: Inserts “homeowners meeting the criteria under the terms of such Program for eligibility for assis…” after “by”
…by[inserted: homeowners meeting the criteria under the terms of such Program for eligibility for assistance under such Program, the effectiveness of such Program, and the impact of such Program on such eligible homeowners, including the extent of usage by]…
Original wording
Page 5, line 9, after “by” insert “homeowners meeting the criteria under the terms of such Program for eligibility for assistance under such Program, the effectiveness of such Program, and the impact of such Program on such eligible homeowners, including the extent of usage by”.
Change 4: Inserts “, (ii) identify improvements to the Program and best practices under the Program, and (ii…” before the period at the end
Inserted: , (ii) identify improvements to the Program and best practices under the Program, and (iii) determine the need, and appropriate guidelines and standards, for a mortgage modification program of the Secretary to replace the Home Affordable Modification Program that is (I) based on the guidelines and standards for such Program, with appropriate improvements as identified by the study, and (II) available to homeowners who meet the criteria under the terms of such Program for eligibility for assistance under such Program
Original wording
Page 5, line 11, before the period insert the following: “, (ii) identify improvements to the Program and best practices under the Program, and (iii) determine the need, and appropriate guidelines and standards, for a mortgage modification program of the Secretary to replace the Home Affordable Modification Program that is (I) based on the guidelines and standards for such Program, with appropriate improvements as identified by the study, and (II) available to homeowners who meet the criteria under the terms of such Program for eligibility for assistance under such Program”.
Change 5: Replaces “paragraph (1)” with “subparagraph (A), identifying the improvements to and best practices under the Home Affor…”
In H.R. 839 · Reported in House
"(A) Study.--The Secretary shall conduct a study to determine the extent of usage of the Home Affordable Modification Program by, and the impact of such Program on, covered homeowners.
"(B) Report.--Not later than the expiration of the 90-day period beginning on the date of the enactment of this subsection, the Secretary shall submit to the Congress a report setting forth the results of the study under
[struck: paragraph][inserted: subparagraph] ([struck: 1][inserted: A])[struck: ][inserted: , identifying the improvements to ]and [inserted: best practices under the Home Affordable Modification Program identified pursuant to the study, setting forth the Secretary's determination of the need for, the appropriate guidelines and standards for, the mortgage insurance program determined pursuant to the study, and ]identifying best practices, derived from studying the Home Affordable Modification Program, that could be applied to existing mortgage assistance programs available to covered homeowners."(C) Covered homeowner.--For purposes of this subsection, the term 'covered homeowner' means a homeowner who is--
Original wording
Page 5, lines 16 and 17, strike “paragraph (1)” and insert the following: “subparagraph (A), identifying the improvements to and best practices under the Home Affordable Modification Program identified pursuant to the study, setting forth the Secretary's determination of the need for, the appropriate guidelines and standards for, the mortgage insurance program determined pursuant to the study,”.
Change 6: Inserts “and to the mortgage insurance program identified and described pursuant to subparagraph (…” before the period at the end
Inserted: and to the mortgage insurance program identified and described pursuant to subparagraph (A)(iii)
Original wording
Page 5, line 21, before the period insert the following: “and to the mortgage insurance program identified and described pursuant to subparagraph (A)(iii)”.
Change 7: Inserts new text on page 6, line 12
InsertsPrinted pageInserted: (D) Implementation.--Upon the expiration of the 90-day period beginning upon the submission to the Congress of the report required under subparagraph (B), the Secretary shall, only to the extent that amounts for such purpose are provided in advance in appropriations Acts, implement the mortgage insurance program described in such report pursuant to subparagraph (A)(iii) through issuance of appropriate guidelines and standards set forth in the report.
Original wording
Page 6, after line 12, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 5, line 6, before the period insert “, Effectiveness of Program, and Replacement Program”.
Page 5, line 8, before “determine” insert “(i)”.
Page 5, line 9, after “by” insert “homeowners meeting the criteria under the terms of such Program for eligibility for assistance under such Program, the effectiveness of such Program, and the impact of such Program on such eligible homeowners, including the extent of usage by”.
Page 5, line 11, before the period insert the following: “, (ii) identify improvements to the Program and best practices under the Program, and (iii) determine the need, and appropriate guidelines and standards, for a mortgage modification program of the Secretary to replace the Home Affordable Modification Program that is (I) based on the guidelines and standards for such Program, with appropriate improvements as identified by the study, and (II) available to homeowners who meet the criteria under the terms of such Program for eligibility for assistance under such Program”.
Page 5, lines 16 and 17, strike “paragraph (1)” and insert the following: “subparagraph (A), identifying the improvements to and best practices under the Home Affordable Modification Program identified pursuant to the study, setting forth the Secretary's determination of the need for, the appropriate guidelines and standards for, the mortgage insurance program determined pursuant to the study,”.
Page 5, line 21, before the period insert the following: “and to the mortgage insurance program identified and described pursuant to subparagraph (A)(iii)”.
Page 6, after line 12, insert the following:
“(D) Implementation.--Upon the expiration of the 90-day period beginning upon the submission to the Congress of the report required under subparagraph (B), the Secretary shall, only to the extent that amounts for such purpose are provided in advance in appropriations Acts, implement the mortgage insurance program described in such report pursuant to subparagraph (A)(iii) through issuance of appropriate guidelines and standards set forth in the report.”.
Legislative Activity
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House amendment offered
March 29, 2011
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House amendment offered
March 29, 2011
House amendment not agreed to: On agreeing to the Miller (NC) amendment (A004) Failed by voice vote.
March 29, 2011 • 4:13 PM
Amendment failed in Committee of the Whole
March 29, 2011 • 4:13 PM
House amendment offered/reported by: Amendment (A004) offered by Mr. Miller (NC).(consideration: CR H2009-2010; text: CR H2010)
March 29, 2011 • 4:08 PM
Amendment (A004) offered by Mr. Miller (NC). (consideration: CR H2009-2010; text: CR H2010)
March 29, 2011 • 4:08 PM
On agreeing to the Miller (NC) amendment (A004) Failed by voice vote.
March 29, 2011 • 4:13 PM