[Congressional Record Volume 156, Number 87 (Thursday, June 10, 2010)]
[Daily Digest]
[Pages D655-D657]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





                        House of Representatives


Chamber Action
Public Bills and Resolutions Introduced: 21 public bills, H.R. 5498-
5518 and 6 resolutions, H. Con. Res. 285; and H. Res. 1430-1434 were 
introduced.                                              


                             Pages H4385-87

Additional Cosponsors:                                   
  Pages H4387-88
Reports Filed: There were no reports filed today.
Chaplain: The prayer was offered by the Guest Chaplain, Bishop Miles 
Fowler, Big Miller Grove Missionary Baptist Church, Lithonia, Georgia. 
                                                             Page H4333
Suspension: The House agreed to suspend the rules and pass the 
following measure:
  Amending the Oil Pollution Act of 1990 to authorize advances from Oil 
Spill Liability Trust Fund for the Deepwater Horizon oil spill: S. 
3473, to amend the Oil Pollution Act of 1990 to authorize advances from 
Oil Spill Liability Trust Fund for the Deepwater Horizon oil spill, by 
a \2/3\ yea-and-nay vote of 410 yeas with none voting ``nay'' and 1 
voting ``present'', Roll No. 354.              
  Pages H4336-42, H4365-66
FHA Reform Act of 2010: The House passed H.R. 5072, to improve the 
financial safety and soundness of the FHA mortgage insurance program, 
by a recorded vote of 406 ayes to 4 noes, Roll No. 353. Consideration 
of the measure began on Wednesday, June 9th.                 
  Page H4342
  Agreed to the Lee (NY) motion to recommit the bill to the Committee 
on Financial Services with instructions to report the same back to the 
House forthwith with an amendment by voice vote. Subsequently, 
Representative Frank (MA) reported the bill back to the House with the 
amendment and the amendment was agreed to.               
Pages H4363-65
  Pursuant to the rule, the amendment in the nature of a substitute 
recommended by the Committee on Financial Services now printed in the 
bill shall be considered as an original bill for the purpose of 
amendment under the five-minute rule.                        
Page H4343
Agreed to:
  Cardoza amendment (No. 2 printed in H. Rept. 111-503) that 
prioritizes foreclosure counseling services to areas of the country 
that have been the hardest-hit by the housing crisis;    
Pages H4346-47
  Cao amendment (No. 3 printed in H. Rept. 111-503) that includes 
information about credit risk

[[Page D656]]

and financial counseling services to mortgagors in addition to the 
housing and loan modification information currently included in the 
bill;                                                        
Page H4347
  Bean amendment (No. 4 printed in H. Rept. 111-503) that requires HUD 
to submit an annual report to Congress discussing proposed or actual 
increases in the minimum cash investment requirements (downpayment 
requirements) in the FHA program. It further gives HUD the authority to 
establish higher minimum cash investment requirements for all or 
class(es) of borrowers and requires HUD to take into consideration the 
findings of the annual report;                           
Pages H4347-49
  Tierney amendment (No. 6 printed in H. Rept. 111-503) that directs 
the Secretary of the Department of Housing and Urban Development to 
provide mortgage insurance premium refunds to eligible borrowers of FHA 
insured loans, which were closed prior to December 8, 2004, but which 
were not endorsed until December 8, 2004 or after that date, and 
authorizes such sums as may be necessary for such refunds; 
                                                         Pages H4351-52
  Weiner amendment (No. 8 printed in H. Rept. 111-503) that increases 
loan limits for the construction or rehabilitation of multifamily 
housing with elevators including rentals, cooperatives, condominiums to 
ensure that they represent today's construction costs. Creates an 
``extremely high cost area'' category for FHA Multifamily Insurance for 
those areas, similar to those in Alaska, Guam, Hawaii, and the Virgin 
Islands;                                                 
Pages H4353-55
  Clarke amendment (No. 10 printed in H. Rept. 111-503) that directs 
the GAO to include in its FHA report an analysis on the effectiveness 
of HUD's loss mitigation home retention options in assisting 
individuals, particularly low income borrowers, in avoiding home 
foreclosure for mortgages;                               
Pages H4356-57
  Nye amendment (No. 11 printed in H. Rept. 111-503) that instructs the 
Federal Housing Administration to continue the Special Forbearance 
program, as it relates to Chinese Drywall, until the end of FY 2011; 
                                                             Page H4357
  Waters amendment (No. 1 printed in H. Rept. 111-503) that provides 
for various technical corrections, makes modifications to the GAO 
report in section 15 of the bill, provides that the Secretary may 
increase loan limits for micropolitan counties surrounded by higher 
cost areas and experiencing significant growth, and addresses 
documentation standards for FHA loans (by a recorded vote of 417 ayes 
to 3 noes, Roll No. 347);                                    
Page H4359
  Edwards (TX) amendment (No. 12 printed in H. Rept. 111-503) that 
requires individuals to certify that they have not been convicted of a 
sex offense against a minor in order to get an FHA mortgage (by a 
recorded vote of 420 ayes to 4 noes, Roll No. 351); and 
                                                  Pages H4357-58, H4362
  Maffei amendment (No. 13 printed in H. Rept. 111-503) that states 
that no funds authorized under the act may be used to pay the salary of 
an employee who has been officially disciplined for viewing, 
downloading, or exchanging pornography (including child pornography) on 
a Federal Government computer or while performing official Federal 
Government duties (by a recorded vote of 416 ayes with none voting 
``no'' and 1 voting ``present'', Roll No. 352).   
Pages H4358, H4362-63
Rejected:
  Garrett (NJ) amendment (No. 5 printed in H. Rept. 111-503) that 
sought to raise the FHA down payment requirement from 3.5% to 5% and 
prohibit closing costs from being rolled in as well (by a recorded vote 
of 131 ayes to 289 noes, Roll No. 348);           
Pages H4349-51, H4360
  Price (GA) amendment (No. 7 printed in H. Rept. 111-503) that sought 
to cap the number of mortgages the FHA can issue to 10% of total loans 
originated in each year. Within 90 days of enactment, FHA must submit a 
plan to Congress to roll back FHA market share to 10% of loans 
originated each year by 2012 (by a recorded vote of 106 ayes to 316 
noes, Roll No. 349); and                       
Pages H4352-53, H4360-61
  Turner amendment (No. 9 printed in H. Rept. 111-503) that sought to 
repeal the emergency authority that allows the FHA to insure loans up 
to $720,000 in certain high cost areas. The amendment sought to create 
a maximum loan limit of $500,000 for a single family unit and a 
percentage of the same ratio for 2-, 3- or 4-family residences (by a 
recorded vote of 121 ayes to 301 noes, Roll No. 350). 
                                               Pages H4355-56, H4361-62
  Agreed that the Clerk be authorized to make technical and conforming 
changes to reflect the actions of the House.                 
Page H4366
  H. Res. 1424, the rule providing for consideration of the bill, was 
agreed to on Wednesday, June 9th.
Moment of Silence: The House observed a moment of silence in memory of 
Arthur A. Link, former Member of Congress.               
  Pages H4359-60
Suspension--Proceedings Resumed: The House agreed to suspend the rules 
and agree to the following measure which was debated on Wednesday, June 
9th:
  Congratulating Clinton County and the county seat of Wilmington, 
Ohio, on the occasion of their bicentennial anniversaries: H. Res. 
1121, to congratulate Clinton County and the county seat of Wilmington, 
Ohio, on the occasion of their bicentennial anniversaries.   
  Page H4366

[[Page D657]]

Meeting Hour: Agreed that when the House adjourns today, it adjourn to 
meet at 12:30 p.m. on Monday, June 14th for morning hour debate. 
                                                             Page H4370
Reception of Former Members of Congress: Agreed that the House will 
meet at 9 a.m. on Tuesday, June 15th, for the purpose of receiving in 
the Chamber former Members of Congress, and that the Speaker may 
declare a recess subject to the call of the Chair for such purpose. 
                                                             Page H4370
Quorum Calls--Votes: One yea-and-nay vote and seven recorded votes 
developed during the proceedings of today and appear on pages H4359, 
H4360, H4361, H4361-62, H4362, H4363, H4365, H4365-66. There were no 
quorum calls.
Adjournment: The House met at 10 a.m. and adjourned at 5:46 p.m.