[Congressional Record (Bound Edition), Volume 153 (2007), Part 10]
[House]
[Pages 13501-13504]
[From the U.S. Government Publishing Office, www.gpo.gov]




               FEDERAL HOUSING FINANCE REFORM ACT OF 2007

  The SPEAKER pro tempore. Pursuant to House Resolution 404 and rule 
XVIII, the Chair declares the House in the Committee of the Whole House 
on the state of the Union for the further consideration of the bill, 
H.R. 1427.

                              {time}  1300


                     In the Committee of the Whole

  Accordingly, the House resolved itself into the Committee of the 
Whole House on the state of the Union for the further consideration of 
the bill (H.R. 1427) to reform the regulation of certain housing-
related Government-sponsored enterprises, and for other purposes, with 
Mr. Pastor (Acting Chairman) in the chair.
  The Clerk read the title of the bill.
  The Acting CHAIRMAN. When the Committee of the Whole rose on the 
legislative day of Thursday, May 17, 2007, a request for a recorded 
vote on amendment No. 1 printed in the Congressional Record by the 
gentleman from Texas (Mr. Neugebauer) had been postponed.


                  Announcement by the Acting Chairman

  The Acting CHAIRMAN. Pursuant to clause 6 of rule XVIII, proceedings 
will now resume on those amendments on which further proceedings were 
postponed, in the following order:
  Amendment No. 16 by Mr. Feeney of Florida.
  Amendment No. 8 by Mr. Price of Georgia.
  Amendment No. 10 by Mr. Sessions of Texas.
  Amendment No. 34 by Mr. Brady of Texas.
  Amendment No. 9 by Mr. Price of Georgia.
  Amendment No. 19 by Mr. Doolittle of California.
  Amendment No. 30 by Mr. Hensarling of Texas.
  Amendment No. 1 by Mr. Neugebauer of Texas.
  The Chair will reduce to 2 minutes the time for any electronic vote 
after the first vote in this series.


                 Amendment No. 16 Offered by Mr. Feeney

  The Acting CHAIRMAN. The unfinished business is the demand for a 
recorded vote on the amendment offered by the gentleman from Florida 
(Mr. Feeney) on which further proceedings were postponed and on which 
the noes prevailed by voice vote.
  The Clerk will redesignate the amendment.
  The text of the amendment is as follows:

       Amendment No. 16 offered by Mr. Feeney of Florida:
       Line 16 on page 127, strike the dash and all that follows 
     through line 10 on page 128 and insert the following: ``to 
     provide housing assistance, in 2007, for areas affected by 
     Hurricane Katrina or Rita of 2005 and, after 2007, to provide 
     housing assistance for supported rental housing for disabled 
     homeless veterans.''.
       Page 130, lines 23 and 24, strike ``establish a formula to 
     allocate'' and insert the following: ``provide for the 
     allocation''.
       Page 131, line, 1 insert ``of'' before ``the''.
       Strike line 4 on page 131 and all that follows through line 
     2 on page 132 and insert the following: ``The funding shall 
     be distributed to public entities and allocated based on the 
     formula used for the Continuum of Care competition of the 
     Department of Housing and Urban Development.''
       Page 136, lines 7 through 9, strike ``For each year that a 
     grantee receives affordable housing fund grant amounts, the 
     grantee'' and insert ``Each grantee for 2007 that receives 
     affordable housing fund grant amounts''.
       Page 138, line 1, strike ``the'' and insert ``any''.
       Page 138, line 5, before the period insert ``, if 
     applicable''.
       Page 138, line 7, after ``grantee'' insert ``for 2007''.
       Page 140, after line 6 insert the following:

     ``Affordable housing fund grant amounts of a grantee for any 
     year after 2007 shall be eligible for use, or for commitment 
     for use, only for rental housing voucher assistance in 
     accordance with paragraph (19) of section 8(o) of the United 
     States Housing Act of 1937 (42 U.S.C. 1437f(o)(19).''.
       Page 140, line 22, strike ``or''.
       Page 140, line 25, after the semicolon insert ``or''.
       Page 140, after line 25, insert the following:
       ``(E) administer voucher assistance described in the matter 
     in subsection (g) after and below paragraph (3);''.
       Page 142, line 3, strike ``each year'' and insert ``2007''.
       Page 142, line 10, strike ``each year'' and insert 
     ``2007''.
       Page 147, line 20, before ``the manner'' insert ``for each 
     grantee in 2007,''.
       Page 151, line 15, before ``requirements'' insert ``with 
     respect to affordable housing fund grant amounts for 2007,''.
       Page 153, strike lines 1 through 3 and insert the 
     following:
       ``(F) for the grantees for 2007, requirements and standards 
     for establishment, by the grantees, of per-''.


                             Recorded Vote

  The Acting CHAIRMAN. A recorded vote has been demanded.
  A recorded vote was ordered.
  The vote was taken by electronic device, and there were--ayes 174, 
noes 246, not voting 17, as follows:

                             [Roll No. 386]

                               AYES--174

     Aderholt
     Akin
     Alexander
     Bachmann
     Bachus
     Baker
     Barrett (SC)
     Bartlett (MD)
     Barton (TX)
     Biggert
     Bilbray
     Bilirakis
     Blackburn
     Blunt
     Boehner
     Bonner
     Bono
     Boozman
     Boustany
     Brady (TX)
     Brown (SC)
     Brown-Waite, Ginny
     Buchanan
     Burgess
     Burton (IN)
     Buyer
     Calvert
     Camp (MI)
     Campbell (CA)
     Cannon
     Cantor
     Capito
     Carter
     Chabot
     Coble
     Cole (OK)
     Conaway
     Crenshaw
     Cubin
     Culberson
     Davis (KY)
     Davis, David
     Davis, Jo Ann
     Deal (GA)
     Dent
     Diaz-Balart, L.
     Doolittle
     Drake
     Dreier
     Emerson
     English (PA)
     Everett
     Fallin
     Feeney
     Ferguson
     Flake
     Forbes
     Fortenberry
     Fortuno
     Fossella
     Foxx
     Franks (AZ)
     Frelinghuysen
     Gallegly
     Garrett (NJ)
     Gerlach
     Gillmor
     Gingrey
     Gohmert
     Goode
     Goodlatte
     Granger
     Graves
     Hall (TX)
     Hastings (WA)
     Hayes
     Heller
     Hensarling
     Herger
     Hill
     Hobson
     Hoekstra
     Hulshof
     Inglis (SC)
     Issa
     Jindal
     Johnson, Sam
     Jones (NC)
     Jordan

[[Page 13502]]


     Keller
     King (IA)
     King (NY)
     Kingston
     Kline (MN)
     Knollenberg
     LaHood
     Lamborn
     Latham
     Lewis (CA)
     Lewis (KY)
     Linder
     LoBiondo
     Lucas
     Lungren, Daniel E.
     Mack
     Manzullo
     Marchant
     McCarthy (CA)
     McCaul (TX)
     McCotter
     McCrery
     McHenry
     McKeon
     Mica
     Miller (FL)
     Miller, Gary
     Moran (KS)
     Musgrave
     Myrick
     Neugebauer
     Nunes
     Paul
     Pearce
     Pence
     Peterson (PA)
     Petri
     Pitts
     Platts
     Poe
     Porter
     Price (GA)
     Pryce (OH)
     Radanovich
     Regula
     Rehberg
     Reichert
     Reynolds
     Rogers (AL)
     Rogers (KY)
     Rogers (MI)
     Rohrabacher
     Ros-Lehtinen
     Roskam
     Royce
     Ryan (WI)
     Sali
     Saxton
     Schmidt
     Sensenbrenner
     Sessions
     Shadegg
     Shimkus
     Shuster
     Smith (NE)
     Smith (NJ)
     Smith (TX)
     Stearns
     Sullivan
     Tancredo
     Terry
     Thornberry
     Tiahrt
     Tiberi
     Upton
     Walberg
     Wamp
     Weldon (FL)
     Weller
     Westmoreland
     Wilson (NM)
     Wilson (SC)
     Wolf
     Young (AK)
     Young (FL)

                               NOES--246

     Abercrombie
     Ackerman
     Allen
     Altmire
     Arcuri
     Baca
     Baldwin
     Barrow
     Bean
     Becerra
     Berkley
     Berman
     Berry
     Bishop (GA)
     Bishop (NY)
     Blumenauer
     Boren
     Boswell
     Boucher
     Boyd (FL)
     Boyda (KS)
     Brady (PA)
     Braley (IA)
     Butterfield
     Capps
     Capuano
     Cardoza
     Carnahan
     Carney
     Carson
     Castle
     Castor
     Chandler
     Christensen
     Clarke
     Clay
     Cleaver
     Clyburn
     Cohen
     Conyers
     Cooper
     Costa
     Costello
     Courtney
     Cramer
     Crowley
     Cuellar
     Cummings
     Davis (AL)
     Davis (CA)
     Davis (IL)
     Davis, Lincoln
     Davis, Tom
     DeFazio
     Delahunt
     DeLauro
     Dicks
     Dingell
     Doggett
     Donnelly
     Doyle
     Duncan
     Edwards
     Ehlers
     Ellison
     Ellsworth
     Emanuel
     Engel
     Eshoo
     Etheridge
     Farr
     Fattah
     Filner
     Frank (MA)
     Giffords
     Gilchrest
     Gillibrand
     Gonzalez
     Gordon
     Green, Al
     Green, Gene
     Grijalva
     Gutierrez
     Hall (NY)
     Hare
     Harman
     Hastert
     Hastings (FL)
     Herseth Sandlin
     Higgins
     Hinchey
     Hinojosa
     Hirono
     Hodes
     Holden
     Holt
     Honda
     Hooley
     Hoyer
     Inslee
     Israel
     Jackson (IL)
     Jackson-Lee (TX)
     Jefferson
     Johnson (GA)
     Johnson, E. B.
     Kagen
     Kanjorski
     Kaptur
     Kennedy
     Kildee
     Kilpatrick
     Kind
     Klein (FL)
     Kucinich
     Kuhl (NY)
     Lampson
     Langevin
     Lantos
     Larsen (WA)
     Larson (CT)
     LaTourette
     Lee
     Levin
     Lewis (GA)
     Lipinski
     Loebsack
     Lofgren, Zoe
     Lowey
     Lynch
     Mahoney (FL)
     Maloney (NY)
     Markey
     Marshall
     Matheson
     Matsui
     McCarthy (NY)
     McCollum (MN)
     McDermott
     McGovern
     McHugh
     McIntyre
     McNerney
     McNulty
     Meehan
     Meek (FL)
     Meeks (NY)
     Melancon
     Michaud
     Miller (MI)
     Miller (NC)
     Miller, George
     Mitchell
     Mollohan
     Moore (KS)
     Moore (WI)
     Moran (VA)
     Murphy (CT)
     Murphy, Patrick
     Murphy, Tim
     Murtha
     Nadler
     Napolitano
     Neal (MA)
     Norton
     Oberstar
     Obey
     Olver
     Ortiz
     Pallone
     Pascrell
     Pastor
     Payne
     Perlmutter
     Peterson (MN)
     Pickering
     Pomeroy
     Price (NC)
     Rahall
     Ramstad
     Rangel
     Renzi
     Reyes
     Rodriguez
     Ross
     Rothman
     Roybal-Allard
     Ruppersberger
     Rush
     Ryan (OH)
     Salazar
     Sanchez, Linda T.
     Sanchez, Loretta
     Sarbanes
     Schakowsky
     Schiff
     Schwartz
     Scott (GA)
     Scott (VA)
     Serrano
     Sestak
     Shea-Porter
     Sherman
     Shuler
     Simpson
     Sires
     Skelton
     Slaughter
     Smith (WA)
     Snyder
     Solis
     Space
     Spratt
     Stark
     Stupak
     Sutton
     Tanner
     Tauscher
     Taylor
     Thompson (CA)
     Thompson (MS)
     Tierney
     Towns
     Turner
     Udall (CO)
     Udall (NM)
     Van Hollen
     Velazquez
     Visclosky
     Walden (OR)
     Walz (MN)
     Wasserman Schultz
     Waters
     Watson
     Watt
     Waxman
     Weiner
     Welch (VT)
     Wexler
     Whitfield
     Wicker
     Wilson (OH)
     Woolsey
     Wu
     Wynn
     Yarmuth

                             NOT VOTING--17

     Andrews
     Baird
     Bishop (UT)
     Bordallo
     Brown, Corrine
     DeGette
     Diaz-Balart, M.
     Faleomavaega
     Hunter
     Johnson (IL)
     Jones (OH)
     Kirk
     McMorris Rodgers
     Putnam
     Shays
     Souder
     Walsh (NY)

                              {time}  1325

  Ms. WATSON and Messrs. CASTLE, PICKERING, BUTTERFIELD, and WICKER 
changed their vote from ``aye'' to ``no.''
  Mrs. WILSON of New Mexico and Mrs. MYRICK changed their vote from 
``no'' to ``aye.''
  So the amendment was rejected.
  The result of the vote was announced as above recorded.
  Stated for:
  Mr. JOHNSON of Illinois. Mr. Chairman, on rollcall No. 386 I was 
inadvertently detained. Had I been present, I would have voted ``yea.''
  (By unanimous consent, Mr. Boren was allowed to speak out of order.)


               Congressional Sportsmen's Caucus Shootout

  Mr. BOREN. Mr. Chairman, yesterday an historic event occurred. 
Yesterday, in Prince George's County, the Congressional Sportsmen's 
Caucus held its annual shootout, and the Democrats were victorious. I 
want to congratulate my fellow caucus members: Mike Thompson, who is 
our Top Gun. Overall, Collin Peterson was the top Democrat.
  I want to congratulate some Members on the other side of the aisle: 
Mr. John Kline, the top Republican.
  I want to mention, Mr. Chairman, there was a little bit of confusion 
yesterday. At the trophy presentation, it was noted that the 
Republicans had beaten the Democrats by seven shots. It was later found 
out that there was a mysterious Member who did not actually shoot in 
the competition on the Republican side; so the trophy was then taken 
from Congressman Ryan's office to my office, and the Republicans can 
come visit it and see it often.


                  Announcement by the Acting Chairman

  The Acting CHAIRMAN. Without objection, 2-minute voting will 
continue.
  There was no objection.


            Amendment No. 8 Offered by Mr. Price of Georgia

  The Acting CHAIRMAN. The unfinished business is the demand for a 
recorded vote on the amendment offered by the gentleman from Georgia 
(Mr. Price) on which further proceedings were postponed and on which 
the noes prevailed by voice vote.
  The Clerk will redesignate the amendment.
  The text of the amendment is as follows:

       Amendment No. 8 offered by Mr. Price of Georgia:
       Page 144, after line 19, insert the following:
       ``(8) Acceptable identification requirement for occupancy 
     or assistance.--
       ``(A) In general.--Any assistance provided with any 
     affordable housing grant amounts may not be made available 
     to, or on behalf of, any individual or household unless the 
     individual provides, or, in the case of a household, all 
     adult members of the household provide, personal 
     identification in one of the following forms:
       ``(i) Social security card with photo identification card 
     or real id act identification.--

       ``(I) A social security card accompanied by a photo 
     identification card issued by the Federal Government or a 
     State Government; or
       ``(II) A driver's license or identification card issued by 
     a State in the case of a State that is in compliance with 
     title II of the REAL ID Act of 2005 (title II of division B 
     of Public Law 109-13; 49 U.S.C. 30301 note).

       ``(ii) Passport.--A passport issued by the United States or 
     a foreign government.
       ``(iii) USCIS photo identification card.--A photo 
     identification card issued by the Secretary of Homeland 
     Security (acting through the Director of the United States 
     Citizenship and Immigration Services).
       ``(B) Regulations.--The Director shall, by regulation, 
     require that each grantee and recipient take such actions as 
     the Director considers necessary to ensure compliance with 
     the requirements of subparagraph (A).''.

                             Recorded Vote

  The Acting CHAIRMAN. A recorded vote has been demanded.
  A recorded vote was ordered.
  The Acting CHAIRMAN. This will be a 2-minute vote.
  The vote was taken by electronic device, and there were--ayes 235, 
noes 188, not voting 14, as follows:

                             [Roll No. 387]

                               AYES--235

     Aderholt
     Akin
     Alexander
     Altmire
     Bachmann
     Bachus
     Baker
     Barrett (SC)
     Barrow
     Bartlett (MD)
     Barton (TX)
     Bean
     Berry
     Biggert
     Bilbray
     Bilirakis
     Bishop (UT)
     Blackburn
     Blunt
     Boehner
     Bonner
     Bono
     Boozman
     Boren
     Boswell
     Boucher
     Boustany
     Boyd (FL)
     Boyda (KS)
     Brady (TX)
     Braley (IA)
     Brown (SC)
     Brown-Waite, Ginny
     Buchanan
     Burgess
     Burton (IN)
     Buyer
     Calvert
     Camp (MI)
     Campbell (CA)
     Cannon
     Cantor
     Capito
     Carney
     Carter
     Castle
     Chabot
     Chandler
     Coble
     Cole (OK)
     Conaway
     Cramer
     Crenshaw
     Cubin
     Culberson
     Davis (KY)
     Davis, David
     Davis, Jo Ann
     Davis, Tom
     Deal (GA)
     Dent
     Donnelly
     Doolittle
     Drake
     Dreier
     Duncan
     Ehlers
     Ellsworth
     Emerson
     English (PA)
     Everett
     Fallin
     Feeney
     Ferguson
     Flake
     Forbes
     Fortenberry

[[Page 13503]]


     Fossella
     Foxx
     Franks (AZ)
     Frelinghuysen
     Gallegly
     Garrett (NJ)
     Gerlach
     Giffords
     Gilchrest
     Gillibrand
     Gillmor
     Gingrey
     Gohmert
     Goode
     Goodlatte
     Granger
     Graves
     Hall (NY)
     Hall (TX)
     Harman
     Hastert
     Hastings (WA)
     Hayes
     Heller
     Hensarling
     Herger
     Herseth Sandlin
     Hill
     Hobson
     Hoekstra
     Holden
     Hulshof
     Inglis (SC)
     Issa
     Jindal
     Johnson (IL)
     Johnson, Sam
     Jones (NC)
     Jordan
     Kagen
     Keller
     King (IA)
     King (NY)
     Kingston
     Kline (MN)
     Knollenberg
     Kuhl (NY)
     LaHood
     Lamborn
     Latham
     LaTourette
     Lewis (CA)
     Lewis (KY)
     Linder
     LoBiondo
     Lucas
     Lungren, Daniel E.
     Lynch
     Mack
     Mahoney (FL)
     Manzullo
     Marchant
     Marshall
     Matheson
     McCarthy (CA)
     McCaul (TX)
     McCotter
     McCrery
     McHenry
     McHugh
     McIntyre
     McKeon
     McNerney
     McNulty
     Melancon
     Mica
     Miller (FL)
     Miller (MI)
     Miller, Gary
     Mitchell
     Moran (KS)
     Murphy (CT)
     Murphy, Patrick
     Murphy, Tim
     Musgrave
     Myrick
     Neugebauer
     Nunes
     Pearce
     Pence
     Peterson (MN)
     Peterson (PA)
     Petri
     Pitts
     Platts
     Poe
     Pomeroy
     Porter
     Price (GA)
     Pryce (OH)
     Radanovich
     Ramstad
     Regula
     Rehberg
     Reichert
     Renzi
     Reynolds
     Rogers (AL)
     Rogers (KY)
     Rogers (MI)
     Rohrabacher
     Roskam
     Ross
     Royce
     Ryan (OH)
     Ryan (WI)
     Salazar
     Saxton
     Schmidt
     Sensenbrenner
     Sessions
     Shadegg
     Shimkus
     Shuler
     Shuster
     Simpson
     Skelton
     Smith (NE)
     Smith (NJ)
     Smith (TX)
     Souder
     Space
     Stearns
     Stupak
     Sullivan
     Tancredo
     Terry
     Thornberry
     Tiahrt
     Tiberi
     Turner
     Udall (CO)
     Upton
     Walberg
     Walden (OR)
     Walz (MN)
     Wamp
     Weldon (FL)
     Weller
     Westmoreland
     Whitfield
     Wicker
     Wilson (NM)
     Wilson (OH)
     Wilson (SC)
     Wolf
     Young (AK)
     Young (FL)

                               NOES--188

     Abercrombie
     Ackerman
     Allen
     Andrews
     Arcuri
     Baca
     Baldwin
     Becerra
     Berkley
     Berman
     Bishop (GA)
     Bishop (NY)
     Blumenauer
     Brady (PA)
     Butterfield
     Capps
     Capuano
     Cardoza
     Carnahan
     Carson
     Castor
     Christensen
     Clarke
     Clay
     Cleaver
     Clyburn
     Cohen
     Conyers
     Cooper
     Costa
     Costello
     Courtney
     Crowley
     Cuellar
     Cummings
     Davis (AL)
     Davis (CA)
     Davis (IL)
     Davis, Lincoln
     DeFazio
     Delahunt
     DeLauro
     Diaz-Balart, L.
     Diaz-Balart, M.
     Dicks
     Dingell
     Doggett
     Doyle
     Edwards
     Ellison
     Engel
     Eshoo
     Etheridge
     Farr
     Fattah
     Filner
     Fortuno
     Frank (MA)
     Gonzalez
     Gordon
     Green, Al
     Green, Gene
     Grijalva
     Gutierrez
     Hare
     Hastings (FL)
     Higgins
     Hinchey
     Hinojosa
     Hirono
     Hodes
     Holt
     Honda
     Hooley
     Hoyer
     Inslee
     Israel
     Jackson (IL)
     Jackson-Lee (TX)
     Jefferson
     Johnson (GA)
     Johnson, E. B.
     Kanjorski
     Kaptur
     Kennedy
     Kildee
     Kilpatrick
     Kind
     Klein (FL)
     Kucinich
     Lampson
     Langevin
     Lantos
     Larsen (WA)
     Larson (CT)
     Lee
     Levin
     Lewis (GA)
     Lipinski
     Loebsack
     Lofgren, Zoe
     Lowey
     Maloney (NY)
     Markey
     Matsui
     McCarthy (NY)
     McCollum (MN)
     McDermott
     McGovern
     Meehan
     Meek (FL)
     Meeks (NY)
     Michaud
     Miller (NC)
     Miller, George
     Mollohan
     Moore (KS)
     Moore (WI)
     Moran (VA)
     Murtha
     Nadler
     Napolitano
     Neal (MA)
     Norton
     Oberstar
     Obey
     Ortiz
     Pallone
     Pascrell
     Pastor
     Paul
     Payne
     Perlmutter
     Pickering
     Price (NC)
     Rahall
     Rangel
     Reyes
     Rodriguez
     Ros-Lehtinen
     Rothman
     Roybal-Allard
     Ruppersberger
     Rush
     Sali
     Sanchez, Linda T.
     Sanchez, Loretta
     Sarbanes
     Schakowsky
     Schiff
     Schwartz
     Scott (GA)
     Scott (VA)
     Serrano
     Sestak
     Shea-Porter
     Sherman
     Sires
     Slaughter
     Smith (WA)
     Snyder
     Solis
     Spratt
     Stark
     Sutton
     Tanner
     Tauscher
     Taylor
     Thompson (CA)
     Thompson (MS)
     Tierney
     Towns
     Udall (NM)
     Van Hollen
     Velazquez
     Visclosky
     Wasserman Schultz
     Waters
     Watson
     Watt
     Waxman
     Weiner
     Welch (VT)
     Wexler
     Woolsey
     Wu
     Wynn
     Yarmuth

                             NOT VOTING--14

     Baird
     Bordallo
     Brown, Corrine
     DeGette
     Emanuel
     Faleomavaega
     Hunter
     Jones (OH)
     Kirk
     McMorris Rodgers
     Olver
     Putnam
     Shays
     Walsh (NY)


                  Announcement by the Acting Chairman

  The Acting CHAIRMAN (during the vote). Members are advised that 1 
minute remains in this vote.

                              {time}  1333

  Mr. RUSH changed his vote from ``aye'' to ``no.''
  Mr. MURPHY of Connecticut changed his vote from ``no'' to ``aye.''
  So the amendment was agreed to.
  The result of the vote was announced as above recorded.


                Amendment No. 10 Offered by Mr. Sessions

  The Acting CHAIRMAN. The unfinished business is the demand for a 
recorded vote on the amendment offered by the gentleman from Texas on 
which further proceedings were postponed and on which the noes 
prevailed by voice vote.
  The Clerk will redesignate the amendment.
  The text of the amendment is as follows:

       Amendment No. 10 offered by Mr. Sessions:
       Page 100, after line 17, insert the following new section:

     SEC. 136. COST INCREASE DISCLOSURE REQUIREMENTS FOR MORTGAGES 
                   OF REGULATED ENTITIES.

       (a) In General.--Subpart A of part 2 of subtitle A of title 
     XIII of the Housing and Community Development Act of 1992 (12 
     U.S.C. 4541 et seq.), as amended by the preceding provisions 
     of this Act, is further amended by adding at the end the 
     following new section:

     ``SEC. 1330. COST INCREASE DISCLOSURE REQUIREMENTS FOR 
                   MORTGAGES OF REGULATED ENTITIES.

       ``(a) Limitation.--The Director shall by regulation 
     establish standards, and shall enforce compliance with such 
     standards, that--
       ``(1) prohibit the enterprises from the purchase, service, 
     holding, selling, lending on the security of, or otherwise 
     dealing with any mortgage on a one- to four-family residence 
     that does not meet the requirements under subsection (b); and
       ``(2) prohibit the Federal home loan banks from providing 
     any advances to a member for use in financing, and from 
     accepting as collateral for any advance to a member, any 
     mortgage on a one- to four-family residence that does not 
     meet the requirements under subsection (b).
       ``(b) Disclosure Requirements.--The requirements under this 
     subsection with respect to a mortgage are that, before or at 
     settlement on the mortgage, the mortgagor is provided a 
     written disclosure in such form as the Director shall 
     require, clearly stating the dollar amount by which the 
     requirements on the enterprises to make allocations under 
     section 1337(b) to the affordable housing fund established 
     under section 1337(a), if borne by mortgagors on a pro rata 
     basis, could have increased the amount to be paid under the 
     mortgage by the mortgagor over the entire term of the 
     mortgage (in comparison with such amount paid absent such 
     requirements), as determined in accordance with the 
     determination of the Director pursuant to section 1337(o) for 
     the applicable year.''.
       (b) Fannie Mae.--Section 304 of the Federal National 
     Mortgage Association Charter Act (12 U.S.C. 1719) is amended 
     by adding at the end the following new subsection:
       ``(g) Prohibition Regarding Disclosure Requirement.--
     Nothing in this Act may be construed to authorize the 
     corporation to purchase, service, hold, sell, lend on the 
     security of, or otherwise deal with any mortgage that the 
     corporation is prohibited from so dealing with under the 
     standards issued under section 1330 of the Housing and 
     Community Development Act of 1992 by the Director of the 
     Federal Housing Finance Agency.''.
       (c) Freddie Mac.--Section 305 of the Federal Home Loan 
     Mortgage Corporation Act (12 U.S.C. 1454) is amended by 
     adding at the end the following new subsection:
       ``(d) Prohibition Regarding Disclosure Requirements.--
     Nothing in this Act may be construed to authorize the 
     Corporation to purchase, service, hold, sell, lend on the 
     security of, or otherwise deal with any mortgage that the 
     Corporation is prohibited from so dealing with under the 
     standards issued under section 1330 of the Housing and 
     Community Development Act of 1992 by the Director of the 
     Federal Housing Finance Agency.''.
       (d) Federal Home Loan Banks.--Section 10(a) of the Federal 
     Home Loan Bank Act (12 U.S.C. 1430(a)) is amended--
       (1) by redesignating paragraph (6) as paragraph (7); and
       (2) by inserting after paragraph (5) the following new 
     paragraph:
       ``(6) Prohibition regarding disclosure requirements.--
     Nothing in this Act may be construed to authorize a Federal 
     Home Loan Bank to provide any advance to a member for use in 
     financing, or accept as collateral for an advance under this 
     section, any mortgage that a Bank is prohibited from so 
     accepting under the standards issued under section 1330 of 
     the Housing and Community Development Act of 1992 by the 
     Director of the Federal Housing Finance Agency.''.
       Page 144, after line 19, insert the following:
       ``(8) Use of amounts for costs of required mortgage 
     disclosures.--Of the amount allocated pursuant to subsection 
     (b) in each year to the affordable housing fund, the Director 
     shall set aside the amount necessary to cover any costs to 
     lenders, mortgagees, and other entities of making disclosures 
     required under section 1330, and shall use such amounts to 
     reimburse lenders, mortgagees, and other entities for such

[[Page 13504]]

     costs. The Director shall by regulation provide for lenders, 
     mortgagees, and other entities to apply for such 
     reimbursements and to identify such costs.''.
       Page 153, after line 14, insert the following:
       ``(o) Determination of Cost Increases.--For each year 
     referred to in section 1337(b)(1), the Director shall make a 
     determination, taking into account the results of the study 
     conducted pursuant to section 139(d) of the Federal Housing 
     Finance Reform Act of 2007, if available, and the amount of 
     allocations made under section subsection (b) of this section 
     to the affordable housing fund established under subsection 
     (a), of the amount by which the requirements on the 
     enterprises to make such allocations have increased the 
     amount to be paid by mortgagors under mortgages for one- to 
     four-family residences over the entire terms of such 
     mortgages in comparison with such amount to be paid absent 
     such requirements, expressed as an increased cost per $1,000 
     financed under a mortgage. The Director shall make such 
     determination for each such year publicly available and shall 
     provide for dissemination of such determination to lenders, 
     mortgagees, and other entities incurring costs of making 
     disclosures required under section 1330.''.
       Page 153, line 15, strike ``(o)'' and insert ``(p)''.


                             Recorded Vote

  The Acting CHAIRMAN. A recorded vote has been demanded.
  A recorded vote was ordered.
  The Acting CHAIRMAN. This will be a 2-minute vote.
  The vote was taken by electronic device, and there were--ayes 183, 
noes 240, not voting 14, as follows:

                             [Roll No. 388]

                               AYES--183

     Aderholt
     Akin
     Alexander
     Bachmann
     Bachus
     Baker
     Barrett (SC)
     Bartlett (MD)
     Barton (TX)
     Berkley
     Biggert
     Bilbray
     Bilirakis
     Bishop (UT)
     Blackburn
     Blunt
     Boehner
     Bonner
     Bono
     Boozman
     Boustany
     Brady (TX)
     Brown (SC)
     Brown-Waite, Ginny
     Buchanan
     Burgess
     Burton (IN)
     Buyer
     Calvert
     Camp (MI)
     Campbell (CA)
     Cannon
     Cantor
     Capito
     Carter
     Castle
     Chabot
     Coble
     Cole (OK)
     Conaway
     Crenshaw
     Cubin
     Culberson
     Davis (KY)
     Davis, David
     Davis, Jo Ann
     Davis, Tom
     Deal (GA)
     Dent
     Diaz-Balart, L.
     Diaz-Balart, M.
     Doolittle
     Drake
     Dreier
     Duncan
     Ehlers
     Emerson
     English (PA)
     Everett
     Fallin
     Feeney
     Ferguson
     Flake
     Forbes
     Fortenberry
     Fortuno
     Fossella
     Foxx
     Franks (AZ)
     Frelinghuysen
     Gallegly
     Garrett (NJ)
     Gerlach
     Gillmor
     Gingrey
     Gohmert
     Goode
     Goodlatte
     Granger
     Graves
     Hall (TX)
     Hastert
     Hastings (WA)
     Hayes
     Heller
     Hensarling
     Herger
     Hobson
     Hoekstra
     Hulshof
     Inglis (SC)
     Issa
     Jindal
     Johnson, Sam
     Jones (NC)
     Jordan
     Keller
     King (IA)
     King (NY)
     Kingston
     Kline (MN)
     Knollenberg
     Lamborn
     Latham
     Lewis (CA)
     Lewis (KY)
     Linder
     LoBiondo
     Lucas
     Lungren, Daniel E.
     Mack
     Manzullo
     Marchant
     McCaul (TX)
     McCotter
     McCrery
     McHenry
     McKeon
     Mica
     Miller (FL)
     Miller (MI)
     Miller, Gary
     Murphy, Tim
     Musgrave
     Myrick
     Neugebauer
     Nunes
     Paul
     Pearce
     Pence
     Peterson (PA)
     Petri
     Pickering
     Pitts
     Poe
     Porter
     Price (GA)
     Pryce (OH)
     Ramstad
     Regula
     Rehberg
     Reichert
     Reynolds
     Rogers (AL)
     Rogers (KY)
     Rogers (MI)
     Rohrabacher
     Ros-Lehtinen
     Royce
     Ryan (WI)
     Sali
     Saxton
     Schmidt
     Sensenbrenner
     Sessions
     Shadegg
     Shimkus
     Shuster
     Simpson
     Smith (NE)
     Smith (TX)
     Souder
     Stearns
     Sullivan
     Tancredo
     Terry
     Thornberry
     Tiberi
     Turner
     Upton
     Walberg
     Walden (OR)
     Wamp
     Weldon (FL)
     Weller
     Westmoreland
     Whitfield
     Wicker
     Wilson (NM)
     Wilson (SC)
     Wolf
     Young (AK)
     Young (FL)

                               NOES--240

     Abercrombie
     Ackerman
     Allen
     Altmire
     Andrews
     Arcuri
     Baca
     Baldwin
     Barrow
     Bean
     Becerra
     Berman
     Berry
     Bishop (GA)
     Bishop (NY)
     Blumenauer
     Boren
     Boswell
     Boucher
     Boyd (FL)
     Boyda (KS)
     Brady (PA)
     Braley (IA)
     Butterfield
     Capps
     Capuano
     Cardoza
     Carnahan
     Carney
     Carson
     Castor
     Chandler
     Christensen
     Clarke
     Clay
     Cleaver
     Clyburn
     Cohen
     Conyers
     Cooper
     Costa
     Costello
     Courtney
     Cramer
     Crowley
     Cuellar
     Cummings
     Davis (AL)
     Davis (CA)
     Davis (IL)
     Davis, Lincoln
     DeFazio
     Delahunt
     DeLauro
     Dicks
     Dingell
     Doggett
     Donnelly
     Doyle
     Edwards
     Ellison
     Ellsworth
     Engel
     Eshoo
     Etheridge
     Farr
     Fattah
     Filner
     Frank (MA)
     Giffords
     Gilchrest
     Gillibrand
     Gonzalez
     Gordon
     Green, Al
     Green, Gene
     Grijalva
     Gutierrez
     Hall (NY)
     Hare
     Harman
     Hastings (FL)
     Herseth Sandlin
     Higgins
     Hill
     Hinchey
     Hinojosa
     Hirono
     Hodes
     Holden
     Holt
     Honda
     Hooley
     Hoyer
     Inslee
     Israel
     Jackson (IL)
     Jackson-Lee (TX)
     Jefferson
     Johnson (GA)
     Johnson (IL)
     Johnson, E. B.
     Kagen
     Kanjorski
     Kaptur
     Kennedy
     Kildee
     Kilpatrick
     Kind
     Klein (FL)
     Kucinich
     Kuhl (NY)
     LaHood
     Lampson
     Langevin
     Lantos
     Larsen (WA)
     Larson (CT)
     LaTourette
     Lee
     Levin
     Lewis (GA)
     Lipinski
     Loebsack
     Lofgren, Zoe
     Lowey
     Lynch
     Mahoney (FL)
     Maloney (NY)
     Markey
     Marshall
     Matheson
     Matsui
     McCarthy (CA)
     McCarthy (NY)
     McCollum (MN)
     McDermott
     McGovern
     McHugh
     McIntyre
     McNerney
     McNulty
     Meehan
     Meek (FL)
     Meeks (NY)
     Melancon
     Michaud
     Miller (NC)
     Miller, George
     Mitchell
     Mollohan
     Moore (KS)
     Moore (WI)
     Moran (KS)
     Moran (VA)
     Murphy (CT)
     Murphy, Patrick
     Murtha
     Nadler
     Napolitano
     Neal (MA)
     Norton
     Oberstar
     Obey
     Olver
     Ortiz
     Pallone
     Pascrell
     Pastor
     Payne
     Perlmutter
     Peterson (MN)
     Platts
     Pomeroy
     Price (NC)
     Rahall
     Rangel
     Renzi
     Reyes
     Rodriguez
     Roskam
     Ross
     Rothman
     Roybal-Allard
     Ruppersberger
     Rush
     Ryan (OH)
     Salazar
     Sanchez, Linda T.
     Sanchez, Loretta
     Sarbanes
     Schakowsky
     Schiff
     Schwartz
     Scott (GA)
     Scott (VA)
     Serrano
     Sestak
     Shea-Porter
     Sherman
     Shuler
     Sires
     Skelton
     Slaughter
     Smith (NJ)
     Smith (WA)
     Snyder
     Solis
     Space
     Spratt
     Stark
     Stupak
     Sutton
     Tanner
     Tauscher
     Taylor
     Thompson (CA)
     Thompson (MS)
     Tiahrt
     Tierney
     Towns
     Udall (CO)
     Udall (NM)
     Van Hollen
     Velazquez
     Visclosky
     Walz (MN)
     Wasserman Schultz
     Waters
     Watson
     Watt
     Waxman
     Weiner
     Welch (VT)
     Wexler
     Wilson (OH)
     Woolsey
     Wu
     Wynn
     Yarmuth

                             NOT VOTING--14

     Baird
     Bordallo
     Brown, Corrine
     DeGette
     Emanuel
     Faleomavaega
     Hunter
     Jones (OH)
     Kirk
     McMorris Rodgers
     Putnam
     Radanovich
     Shays
     Walsh (NY)


                  Announcement by the Acting Chairman

  The Acting CHAIRMAN (during the vote). Members are advised that 1 
minute remains in this vote.

                              {time}  1338

  So the amendment was rejected.
  The result of the vote was announced as above recorded.

                          ____________________