US HB830 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Engrossed on March 14 2011 - 50% progression, died in committee
Action: 2011-03-14 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

FHA Refinance Program Termination Act - Rescinds and permanently cancels all unexpended funding remaining available and allocated for the Federal Housing Administration (FHA) Refinancing Program of the Making Home Affordable initiative of the Secretary of the Treasury (under which borrowers owing more on their mortgage than the value of their home are provided opportunities to refinance into a FHA loan). Terminates the program. Requires all such unobligated balances so rescinded and permanently canceled to be retained in the general fund of the Treasury for reducing the debt of the federal government. Directs the Secretary of Housing and Urban Development (HUD) to study: (1) the extent to which the FHA Refinancing Program is used by homeowners who are active duty members of the Armed Forces (or their spouses or parents), veterans, Gold Star-eligible widows, parents, or next of kin of Armed Forces members who died in military operations, or members or veterans with service-connected injuries (and their survivors and dependents); and (2) the impact of the program on such homeowners. Directs the HUD Secretary to publish a statement on the HUD website as to: (1) termination of the FHA Short [sic] Refinance Program; and (2) the availability of a Member of Congress to assist any borrower having trouble paying a mortgage and needing help contacting the borrower's lender or servicer to negotiate or acquire a loan modification.

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Title

FHA Refinance Program Termination Act

Sponsors


Roll Calls

2011-03-10 - House - On Passage (Y: 256 N: 171 NV: 5 Abs: 0) [PASS]
2011-03-10 - House - On Motion to Recommit with Instructions (Y: 185 N: 243 NV: 4 Abs: 0) [FAIL]
2011-03-10 - House - On Agreeing to the Amendment (Y: 278 N: 147 NV: 7 Abs: 0) [PASS]
2011-03-10 - House - On Agreeing to the Amendment (Y: 184 N: 243 NV: 5 Abs: 0) [FAIL]

History

DateChamberAction
2011-03-14SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2011-03-10HouseThe Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 830.
2011-03-10HouseMotion to reconsider laid on the table Agreed to without objection.
2011-03-10HouseOn passage Passed by recorded vote: 256 - 171 (Roll no. 171).
2011-03-10HouseOn motion to recommit with instructions Failed by recorded vote: 185 - 243 (Roll no. 170).
2011-03-10HouseThe previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H1703)
2011-03-10HouseDEBATE - The House proceeded with 10 minutes of debate on the Deutch motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with amendments which provide a continuation of the provisions of the program for senior homeowners.
2011-03-10HouseMr. Deutch moved to recommit with instructions to Financial Services. (consideration: CR H1702-1704; text: CR H1702)
2011-03-10HouseThe House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
2011-03-10HouseThe previous question was ordered pursuant to the rule. (consideration: CR H1702)
2011-03-10HouseThe House rose from the Committee of the Whole House on the state of the Union to report H.R. 830.
2011-03-10HouseH.AMDT.185 On agreeing to the Waters amendment (A011) as modified Agreed to by recorded vote: 278 - 147 (Roll no. 169).
2011-03-10HouseH.AMDT.177 On agreeing to the Lynch amendment (A003) Failed by recorded vote: 184 - 243 (Roll no. 168).
2011-03-10HouseUNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
2011-03-10HousePOSTPONED PROCEEDINGS - The Chair put the question on adoption of the Waters amendment and by voice vote, announced that the ayes had prevailed. Mrs. Biggert demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
2011-03-10HouseDEBATE - Pursuant to the provisions of H. Res. 150, the Committee of the Whole proceeded with debate on the Waters amendment number 6, as modified, under the five-minute rule.
2011-03-10HouseH.AMDT.185 Waters amendment (A011) modified by unanimous consent. (text as modified: CR H1700)
2011-03-10HouseH.AMDT.185 Amendment (A011) offered by Ms. Waters. (consideration: CR H1700, H1701-1702; text: CR H1700)Amendment, as modified, sought to add a new section requiring the Secretary to post a statement prominently on the web which explains that the FHA Short Refinance Program has been terminated and includes a contact for borrowers who are uncertain as to how to proceed.
2011-03-10HouseDEBATE - Pursuant to the provisions of H. Res. 150, the Committee of the Whole proceeded with debate on pro forma amendments under the five-minute rule.
2011-03-10HouseH.AMDT.184 Mrs. Biggert raised a point of order against the Garamendi amendment (A010). Mrs. Biggert stated that the amendment was not germane and violated clause 7 of rule 16. The Chair sustained the point of order.
2011-03-10HouseDEBATE - Pursuant to the provisions of H. Res. 150, the Committee of the Whole proceeded with debate on the Garamendi amendment number 7 under the five-minute rule, pending reservation of a point of order.
2011-03-10HouseH.AMDT.184 Amendment (A010) offered by Mr. Garamendi. (consideration: CR H1697-1698; text: CR H1697-1698)Amendment sought to add a new section regarding treatment of bonuses for finacial sector employees.
2011-03-10HouseH.AMDT.183 Mrs. Biggert raised a point of order against the Holt amendment (A009). Mrs. Biggert stated that the amendment was not germane and violated clause 7 of rule 16. The Chair sustained the point of order.
2011-03-10HouseDEBATE - Pursuant to the provisions of H. Res. 150, the Committee of the Whole proceeded with debate on the Holt amendment number 8 under the five-minute rule, pending reservation of a point of order.
2011-03-10HouseH.AMDT.183 Amendment (A009) offered by Mr. Holt. (consideration: CR H1697; text: CR H1697)Amendment sought to add a new section detailing modifications of real property standard deduction.
2011-03-10HouseH.AMDT.182 Mrs. Biggert raised a point of order against the Inslee amendment (A008). Mrs. Biggert stated that the amendment was not germane and violated clause 7 of rule 16. The Chair sustained the point of order.
2011-03-10HouseDEBATE - Pursuant to the provisions of H. Res. 150, the Committee of the Whole proceeded with debate on the Inslee amendment number 14 under the five-minute rule, pending reservation of a point of order.
2011-03-10HouseH.AMDT.182 Amendment (A008) offered by Mr. Inslee. (consideration: CR H1696; text: CR H1696)Amendment sought to add a new section directing the Attorney General to pursue criminal prosecution of those who have failed to comply with State laws relating to foreclosure of mortgages on residential real property.
2011-03-10HouseH.AMDT.181 Mrs. Biggert raised a point of order against the Sanchez, Loretta amendment (A007). Mrs. Biggert stated that the amendment had the effect of increasing mandatory spending over a specified period of time and violated clause 10 of rule 21. The Chair sustained the point of order.
2011-03-10HouseDEBATE - Pursuant to the provisions of H.Res. 150, the Committee of the Whole proceeded with debate on the Loretta Sanchez amendment in the nature of a substitute number 15 under the five minute rule, pending reservation of a point of order.
2011-03-10HouseH.AMDT.181 Amendment (A007) in the nature of a substitute offered by Ms. Sanchez, Loretta. (consideration: CR H1695-1696; text: CR H1695)Amendment sought to insert a complete new text detailing use of funding for an FHA Refinancing Program.
2011-03-10HouseH.AMDT.180 Mrs. Biggert raised a point of order against the Waters amendment (A006). Mrs. Biggert stated that the amendment was not germane and violated clause 7 of Rule XVI. The Chair sustained the point of order.
2011-03-10HouseDEBATE - Pursuant to the provisions of H.Res. 150, the Committee of the Whole proceeded with debate on the Waters amendment number 5 under the five minute rule, pending reservation of a point of order.
2011-03-10HouseH.AMDT.180 Amendment (A006) offered by Ms. Waters. (consideration: CR H1694-1695; text: CR H1694)Amendment sought to direct the Housing and Urban Development Department, in consultation with the Treasury Department, to conduct a study on the negative impacts of underwater mortgage loans on the housing market and economy of the United States and to report on the findings.
2011-03-10HouseDEBATE - The Committee of the Whole proceeded with debate on pro forma amendments under the five-minute rule.
2011-03-10HouseH.AMDT.179 Mrs. Biggert raised a point of order against the Inslee amendment (A005). Mrs. Biggert stated that the amendment was not germane. The Chair sustained the point of order.
2011-03-10HouseDEBATE - Pursuant to the provisions of H.Res. 150, the Committee of the Whole proceeded with debate on the Inslee amendment number 12 under the five minute rule, pending reservation of a point of order.
2011-03-10HouseH.AMDT.179 Amendment (A005) offered by Mr. Inslee. (consideration: CR H1693; text: CR H1693)Amendment sought to modify the bill's required study by the Housing and Urban Development Department on the FHA Refinance Program's use by, and effects on, certain homeowners to include a study on the need and appropriate guidelines for a replacement mortgage insurance program.
2011-03-10HouseH.AMDT.178 On agreeing to the Paulsen amendment (A004) Agreed to by voice vote.
2011-03-10HouseDEBATE - Pursuant to the provisions of H.Res. 150, the Committee of the Whole proceeded with debate on the Paulsen amendment number 4 under the five minute rule.
2011-03-10HouseH.AMDT.178 Amendment (A004) offered by Mr. Paulsen. (consideration: CR H1692-1693; text: CR H1692)Amendment includes military service members and veterans who have service-connected injuries, as well as survivors and dependents of such individuals, in a study on use of the FHA Refinance program.
2011-03-10HousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Lynch amendment, the Chair put the question on adoption of the amendment and by voice vote announced the noes had prevailed. Mr. Frank (MA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
2011-03-10HouseDEBATE - Pursuant to the provisions of H.Res. 150, the Committee of the Whole proceeded with debate on the Lynch amendment number 3 under the five-minute rule.
2011-03-10HouseH.AMDT.177 Amendment (A003) offered by Mr. Lynch. (consideration: CR H1690-1692, H1700-1701; text: CR H1691)Amendment sought to strike language in the bill terminating the Mortgagee Letter 2010-23, which provided guidance for the FHA Refinance Program. The amendment also sought to strike language prohibiting the Secretary of Housing and Urban Development from issuing any regulation, order, or notice that is based on or substantially similar to such Mortgagee Letter.
2011-03-10HouseH.AMDT.176 On agreeing to the Fitzpatrick amendment (A002) Agreed to by voice vote.
2011-03-10HouseDEBATE - Pursuant to the provisions of H.Res. 150, the Committee of the Whole proceeded with debate on the Fitzpatrick amendment number 11 under the five minute rule.
2011-03-10HouseH.AMDT.176 Amendment (A002) offered by Mr. Fitzpatrick. (consideration: CR H1690; text: CR H1690)Amendment requires any unexpected balances for the FHA Refinance Program that are rescinded and canceled under the bill to be retained in the general fund of the Treasury for reducing the debt of the federal government.
2011-03-10HouseH.AMDT.175 Mr. Bachus raised a point of order against the Maloney amendment (A001). Mr. Bachus stated that the amendment was not germane and violated clause 7 of Rule XVI. The Chair sustained the point of order.
2011-03-10HouseDEBATE - Pursuant to the provisions of H.Res. 150, the Committee of the Whole proceeded with debate on the Maloney amendment number 9 under the five minute rule, pending reservation of a point of order.
2011-03-10HouseH.AMDT.175 Amendment (A001) offered by Mrs. Maloney. (consideration: CR H1686-1688; text: CR H1686-1687)Amendment sought to add a section which lists the number of underwater mortgages in 43 states and the District of Columbia.
2011-03-10HouseGENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 830.
2011-03-10HouseThe Speaker designated the Honorable Charles F. Bass to act as Chairman of the Committee.
2011-03-10HouseHouse resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 150 and Rule XVIII.
2011-03-10HouseRule provides for consideration of H.R. 830 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be read by section. Specified amendments are in order. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
2011-03-10HouseConsidered under the provisions of rule H. Res. 150. (consideration: CR H1678-1704; text of Section 1 as reported in House: CR H1686; text of Section 2 as reported in House: CR H1690; text of Section 3 as reported in House: CR H1690)
2011-03-09HouseRule H. Res. 150 passed House.
2011-03-08HouseRules Committee Resolution H. Res. 150 Reported to House. Rule provides for consideration of H.R. 830 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be read by section. Specified amendments are in order. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
2011-03-07HousePlaced on the Union Calendar, Calendar No. 13.
2011-03-07HouseReported (Amended) by the Committee on Financial Services. H. Rept. 112-25.
2011-03-03HouseOrdered to be Reported (Amended) by the Yeas and Nays: 33 - 22.
2011-03-03HouseCommittee Consideration and Mark-up Session Held.
2011-03-02HouseCommittee Hearings Held.
2011-02-28HouseReferred to the House Committee on Financial Services.

Same As/Similar To

HR150 (Related) 2011-03-09 - Motion to reconsider laid on the table Agreed to without objection.
HB1315 (Related) 2011-07-22 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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