3.0.0 430 2023-01-11T13:20:55Z 2023-01-11T13:20:55Z House H HR 2011-01-25 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. JORDAN:H.R. 430.Congress has the power to enact this legislation pursuantto the following:Clause 3 of Section 8 of Article I of the Constitution,under which Congress has the power to regulate commerce amongthe States.[Page H471]]]> hsba00 Financial Services Committee House Standing hsba04 Housing and Insurance Subcommittee Referred to 2011-03-23T16:00:35Z Referred to 2011-01-25T15:04:30Z 2011-03-23 hsba04 Housing and Insurance Subcommittee 1 House committee actions Referred to the Subcommittee on Insurance, Housing and Community Opportunity. Committee 2011-01-25 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-01-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-01-25 Introduced in House IntroReferral 1000 9 Library of Congress J000289 Rep. Jordan, Jim [R-OH-4] Jim Jordan R OH 4 N I000056 Rep. Issa, Darrell E. [R-CA-49] DARRELL ISSA R CA E. 49 2011-01-25 True M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2011-01-25 True R000593 Rep. Ross, Dennis A. [R-FL-12] Dennis Ross R FL A. 12 2011-02-08 False B001149 Rep. Burton, Dan [R-IN-5] DAN BURTON R IN 5 2011-02-08 False Housing and Community Development Budget deficits and national debt Housing and community development funding Housing finance and home ownership Public contracts and procurement Housing and Community Development 00 2011-01-25 Introduced in House 2011-02-03T16:32:34Z HAMP Repeal and Deficit Reduction Act of 2011 - Prohibits the Secretary of the Treasury from providing any assistance on behalf of any homeowner under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative, authorized under the Emergency Economic Stabilization Act of 2008, unless before the enactment of this Act the homeowner was extended an offer to participate in such Program on a trial or permanent basis.

Nullifies and terminates all contracts between the Secretary and mortgage servicers under HAMP, except with respect to such homeowners.

Provides for use of unobligated HAMP funds for reducing the federal debt.

]]> HAMP Repeal and Deficit Reduction Act of 2011 Display Title HAMP Repeal and Deficit Reduction Act of 2011 Official Title as Introduced To terminate the Home Affordable Modification Program of the Department of the Treasury. Introduced in House IH Short Titles as Introduced HAMP Repeal and Deficit Reduction Act of 2011 Introduced in House 2011-01-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr430ih/xml/BILLS-112hr430ih.xml 2011-03-23 Referred to the Subcommittee on Insurance, Housing and Community Opportunity. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.