An amendment numbered 5 printed in Part A of House Report 112-34 to require the Secretary of the Treasury to send a letter to HAMP applicants that they will not be considered for a modification due to termination of the program and that they can contact their Member of Congress for assistance in negotiating with or acquiring a loan modification from their servicer.
What it does: Inserts new text on page 7, line 2Description
Amendment requires the Secretary of the Treasury to send a letter to HAMP applicants stating that they will not be considered for a modification due to termination of the program and that they can contact their Member of Congress for assistance in negotiating with or acquiring a loan modification from their servicer.
What it changes
1 change to H.R. 839
We couldn't read part of this amendment. That part is shown as written below.
Inserts new text on page 7, line 2
InsertsPrinted pageInserted: (5) Notification to hamp applicants required.--
Inserted: (A) In general.--Not later than 30 days after the date of the enactment of this subsection, the Secretary of the Treasury shall inform each individual who applied for the Home Affordable Modification Program and will not be considered for a modification under such Program due to termination of such Program under this subsection--
Inserted: (i) that such Program has been terminated;
Inserted: (ii) that loan modifications under such Program are no longer available; (iii) of the name and contact information of such individual's Member of Congress; and
Inserted: (iv) that the individual should contact his or her Member of Congress to assist the individual in contacting the individual's lender or servicer for the purpose of negotiating or acquiring a loan modification.
Original wording
Page 7, after line 2, add the following:
Shown as written
Page 7, line 2, strike the last closing quotation marks and the last period.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 7, line 2, strike the last closing quotation marks and the last period.
Page 7, after line 2, add the following:
“(5) Notification to hamp applicants required.--
“(A) In general.--Not later than 30 days after the date of the enactment of this subsection, the Secretary of the Treasury shall inform each individual who applied for the Home Affordable Modification Program and will not be considered for a modification under such Program due to termination of such Program under this subsection--
“(i) that such Program has been terminated;
“(ii) that loan modifications under such Program are no longer available;
“(iii) of the name and contact information of such individual's Member of Congress; and
“(iv) that the individual should contact his or her Member of Congress to assist the individual in contacting the individual's lender or servicer for the purpose of negotiating or acquiring a loan modification.”.
Legislative Activity
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House amendment offered
March 29, 2011
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House amendment offered
March 29, 2011
Amendment agreed to Committee of the Whole
March 29, 2011 • 4:21 PM
House amendment agreed to: On agreeing to the Waters amendment (A005) Agreed to by voice vote.
March 29, 2011 • 4:21 PM
House amendment offered/reported by: Amendment (A005) offered by Ms. Waters.(consideration: CR H2010-2011; text: CR H2010)
March 29, 2011 • 4:14 PM
Amendment (A005) offered by Ms. Waters. (consideration: CR H2010-2011; text: CR H2010)
March 29, 2011 • 4:14 PM
On agreeing to the Waters amendment (A005) Agreed to by voice vote.
March 29, 2011 • 4:21 PM