H.R.839 - The HAMP Termination Act of 2011

To amend the Emergency Economic Stabilization Act of 2008 to terminate the authority of the Secretary of the Treasury to provide new assistance under the Home Affordable Modification Program, while preserving assistance to homeowners who were already extended an offer to participate in the Program, either on a trial or permanent basis. view all titles (5)

All Bill Titles

  • Official: To amend the Emergency Economic Stabilization Act of 2008 to terminate the authority of the Secretary of the Treasury to provide new assistance under the Home Affordable Modification Program, while preserving assistance to homeowners who were already extended an offer to participate in the Program, either on a trial or permanent basis. as introduced.
  • Short: The HAMP Termination Act of 2011 as introduced.
  • Short: HAMP Termination Act of 2011 as introduced.
  • Short: HAMP Termination Act of 2011 as reported to house.
  • Short: HAMP Termination Act of 2011 as passed house.

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Latest Amendment Status Purpose View All Amendments [9]
 
H.Amdt199 Pass An amendment numbered 1 printed in Part A of House Report 112-34 to include findings detailing the Home Affordable Modification Program's (HAMP's) flaws and state that terminating HAMP would save taxpayers approximately $1.4 billion.
H.Amdt200 Fail An amendment numbered 2 printed in Part A of House Report 112-34 to include Congressional findings on various facts about the HAMP program, including cost and number of permanent modifications.
H.Amdt201 Pass An amendment numbered 3 printed in Part A of House Report 112-34 to ensure that all taxpayer funds saved from elimination of the Home Affordable Modification Program (HAMP) are used to reduce the deficit.
Latest Actions View All Actions [44]
 
Feb 28thReferred to the House Committee on Financial Services.
Feb 28th
Mar 2ndCommittee Hearings Held.

Latest Vote

Result: Passed - March 29, 2011

Roll call number 198 in the House

Question: On Passage: H R 839 The HAMP Termination Act of 2011

Required percentage of 'Aye' votes: 1/2 (50%)
Percentage of 'aye' votes: 58%
 

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47% Users Support Bill

7 in favor / 8 opposed
 

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