AMERICAN HOUSING RESCUE AND FORECLOSURE PREVENTION ACT

Amendments

Enact (H.R. 3221), S5781, S5783, S5785, S5799, S5808, S5840, S5904, S5906, S5907, S5908, S5909, S5910, S5911, S5912, S5913, S5914 [19JN], S5942, S5945 [20JN], S5965, S5966, S5967, S5968, S5969 [23JN], S6027, S6029, S6032, S6033, S6044, S6075, S6076, S6078, S6079 [24JN], S6138, S6139 [25JN], S6447, S6448 [8JY], S6736 [15JY], S7131, S7190 [23JY], H3204, H3219, H3291 [8MY], H6854, H6916 [23JY]

———consideration of Senate amendment (H. Res. 1363), H6851 [23JY]

Articles and editorials

Housing Bill Hammers Taxpayers, S7495 [26JY]

Rescuing Fannie Mae or Freddie Mac Is Nonsense, S7468 [25JY]

Bills and resolutions

Enact (H.R. 3221): consideration of Senate amendment (see H. Res. 1363), H6824 [22JY]

Cloture motions

Enact (H.R. 3221), S5922 [20JN], S5978 [24JN], S6224 [26JN], S6355 [7JY], S6448 [8JY], S6520 [10JY], S7131 [23JY], S7436 [25JY]

Letters

Housing-related Government-sponsored enterprises regulation reform: Representative Bachus, Committee on Financial Services (House), H6995 [23JY]

LIHEAP funding: Coalition of Northeastern Governors, S5810 [19JN]

Provisions: Jon Corzine and Michael Rounds, National Governors Association, H6850, H6851 [23JY]

Lists

Organizations supporting H.R. 3221, provisions, S7226 [24JY]

Motions

Enact (H.R. 3221), S5776, S5812, S5814 [19JN], S7131 [23JY], H3219 [8MY], H6916 [23JY]

Remarks in House

Credit: reform and provide accountability for mortgage practices, establish licensing and registration requirements for mortgage originators, and provide certain minimum standards for mortgage loans, H6842 [23JY]

———remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, H3201 [8MY]

Dept. of HUD: make loans to States to acquire foreclosed housing and grants to States for related costs, H6841 [23JY]

Dept. of the Treasury: clarify authority of OTS and Office of Comptroller of the Currency to regulate and oversee depository institution products and services marketing and distribution system, H6997 [23JY]

———establish the National Affordable Housing Trust Fund, H6842 [23JY]

Enact (H.R. 3221), H6333 [9JY], H7857 [9SE], E1142 [4JN]

———consideration of Senate amendment (H. Res. 1363), H6840-H6854 [23JY]

———corrections in engrossment of Senate amendments, H3311 [8MY]

———Senate amendment, H6828, H6854-H7011, H7054, H7055 [23JY], H7062 [24JY], H7332 [30JY], E1549, E1551 [24JY], E1555, E1556, E1559, E1563, E1564 [25JY], E1581 [29JY], E1602, E1604, E1606 [30JY], E1630 [31JY], E1693 [1AU]

———Senate amendments, H3195, H3197-H3201, H3204-H3308 [8MY], H4326, H4334 [21MY], E864 [8MY], E898 [13MY], E921 [14MY], E956 [16MY], E983, E986, E988 [21MY]

FHA: create a voluntary program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market, H3198, H3199, H3303 [8MY]

———deny assistance to borrowers based solely on credit scores or any delinquency or default by the mortgagor, H3297 [8MY]

Housing: clarify that State laws and local ordinances on foreclosure and foreclosed properties are not preempted by Federal law, H3296 [8MY]

———increase the conforming loan limit in high-cost areas, H3297 [8MY]

———modernize and update the National Housing Act and enable the FHA to use risk-based pricing to more effectively reach underserved borrowers, H6841, H6995 [23JY]

———modernize the manufactured housing loan insurance program, H3197 [8MY]

———mortgage foreclosure prevention counseling resources funding, E983 [21MY]

———provide needed housing reform, H3195, H3197-H3201 [8MY], H4326 [21MY], H6333 [9JY], H6828, H6840, H6854-H7011, H7054, H7055 [23JY], H7062 [24JY], H7332 [30JY], E864 [8MY], E898 [13MY], E921 [14MY], E956 [16MY], E983, E986, E988 [21MY], E1142 [4JN], E1549, E1551 [24JY], E1555, E1556, E1559, E1563, E1564 [25JY], E1581 [29JY], E1602, E1604, E1606 [30JY], E1630 [31JY], E1693 [1AU]

———reform the regulation of the housing-related Government-sponsored enterprises, H6841, H6988-H7010 [23JY]

———simplify the historic rehabilitation tax credit, H7005 [23JY]

National Steel Car Ltd.: Alabama facility funding, H6989 [23JY]

NeighborWorks America (organization): allow preference in distribution of grants to counseling agencies that provide in-person mortgage counseling, H6998 [23JY], E1602 [30JY]

———establish a mortgage foreclosure counseling program for Armed Forces members returning from service abroad, H3293 [8MY]

Public debt: ceiling, H6996 [23JY]

Real estate: make permanent the increases in loan limits for Fannie Mae, Freddie Mac, and FHA, H3302 [8MY]

———prohibit home equity conversion mortgage lenders from requiring seniors to purchase annuities with reverse mortgages proceeds and provide other consumer protections to reverse mortgage borrowers, H3304 [8MY]

Taxation: modify the rehabilitation credit and the low-income housing credit, H3195 [8MY]

———provide a credit for certain home purchases, H3286, H3287 [8MY]

Truth in Lending Act: enhance disclosure of the terms of home mortgage loans, E1602 [30JY]

Remarks in Senate

Dept. of HUD: clarify that Freddie Mac and Fannie Mae have no responsibility for funding housing entities under the Affordable Housing program, S5783, S5806-S5811 [19JN]

———implement Government-sponsored enterprises regulatory reform, S5981, S5982, S5983 [24JN]

———increase section 8 vouchers, expand Home Investment Partnership (HOME) Program, reauthorize Public and Assisted Housing Drug Elimination Program, and create a National Affordable Housing Trust Fund, S7503 [26JY]

———make loans to States to acquire foreclosed housing and grants to States for related costs, S7217 [24JY]

Dept. of the Treasury: establish the National Affordable Housing Trust Fund, S5806 [19JN]

Dept. of Veterans Affairs: increase benefits for specially adapted housing for disabled veterans, S6590 [11JY]

———provide a temporary increase in the maximum loan guaranty amount for guaranteed housing loans, S6590 [11JY], S7502 [26JY]

Enact (H.R. 3221): House amendments, S5772-S5776, S5781-S5788, S5790, S5791, S5796, S5814-S5819 [19JN], S5921, S5925-S5928 [20JN], S5949, S5952-S5954 [23JN], S5975-S5978, S5980-S5983, S6004, S6082 [24JN], S6097, S6101, S6105-S6108, S6112-S6114, S6137-S6143 [25JN], S6185, S6270, S6274 [26JN], S6354-S6356 [7JY], S6494 [9JY], S6516-S6521, S6524, S6540, S6543, S6547 [10JY], S6585, S6590-S6595 [11JY], S6646 [14JY], S6713, S6735 [15JY], S6884 [17JY], S7089, S7111, S7112, S7130, S7131 [23JY], S7217, S7223-S7226, S7248, S7255, S7256, S7268-S7270 [24JY], S7436, S7438, S7443, S7448-S7451, S7454, S7456, S7458, S7459, S7468-S7472 [25JY], S7489-S7496, S7498-S7506, S7511, S7513, S7518 [26JY], S7566 [28JY], S7620 [29JY], S7985, S7999 [1AU]

———unanimous-consent agreement, S7433 [24JY]

———unanimous-consent request, S5975 [24JN], S6141, S6142 [25JN], S7255 [24JY]

FHA: prohibit funding for HOPE for Homeowners loan program, S5781, S5808-S5812 [19JN], S5927 [20JN], S5980, S5982 [24JN], S7438 [25JY]

Housing: create a Federal Board of Certification to regulate the secondary mortgage market, S5953 [23JN]

———enhance mortgage disclosure requirements with additional safeguards for certain adjustable rate mortgages and loans, S5782 [19JN], S6138 [25JN]

———increase benefits for specially adapted housing for disabled veterans, S6590 [11JY]

———place income limits on persons receiving Federal mortgage assistance, S6105 [25JN]

———prohibit lobbying and political donations from Fannie Mae (Government-sponsored enterprise) and Freddie Mac (Government-sponsored enterprise), S7255, S7256 [24JY], S7454 [25JY], S7492, S7494 [26JY]

———protect property and security of homeowners facing foreclosure proceedings, S5804 [19JN]

———provide needed housing reform, S5772-S5776, S5781-S5788, S5790, S5791, S5796, S5814-S5819 [19JN], S5921, S5925-S5928 [20JN], S5949, S5952-S5954 [23JN], S5975-S5978, S5980-S5983, S6004, S6082 [24JN], S6101, S6105-S6108, S6112-S6114, S6137-S6143 [25JN], S6185, S6270, S6274 [26JN], S6354-S6356 [7JY], S6494 [9JY], S6512, S6516-S6521, S6524, S6540, S6543, S6547 [10JY], S6884 [17JY], S7089, S7111, S7112, S7130, S7131 [23JY], S7217, S7223-S7226, S7248, S7255, S7256, S7268-S7270 [24JY], S7438, S7443, S7448-S7451, S7454, S7456, S7458, S7459, S7468, S7472 [25JY], S7489-S7496, S7498-S7506, S7511, S7513, S7518 [26JY], S7566 [28JY], S7620 [29JY], S7985, S7999 [1AU]

———reform the regulation of the housing-related Government-sponsored enterprises, S7217 [24JY], S7438 [25JY], S7504 [26JY], S7566 [28JY]

LIHEAP: funding, S5809 [19JN], S5976 [24JN]

Office of Federal Housing Enterprise Oversight: improve regulation of appraisal standards for mortgages purchased or guaranteed by Government-sponsored enterprises, S5805, S5807 [19JN], S6140 [25JN]

Servicemembers Civil Relief Act: limit maximum interest rate per year for mortgages for servicemembers during military service and one year after service, S7471 [25JY]

Taxation: allow a credit against income tax for the purchase of a principal residence by a first-time homebuyer, S5811 [19JN]

———allow amended returns to take into account receipt of certain hurricane-related casualty loss grants by disallowing previous deductions and waive deadline on GO Zone property construction for bonus depreciation, S7112 [23JY]

———clarify the ``general public use'' requirements of the low-income housing credit, S7620 [29JY]

———delay implementation of merchant card transaction reporting requirements until cost of changes to businesses are identified, S5975 [24JN]

———provide assistance for housing, S7501 [26JY]

———provide for the limited continuation of clean energy production incentives and incentives to improve energy efficiency, S5926, S5927 [20JN], S5976 [24JN], S6107, S6141 [25JN], S6185 [26JN]

———treatment of interest for purposes of the foreign tax credit, S7500 [26JY]

U.S. Housing Act: exempt qualified public housing agencies from the requirement of preparing an annual public housing agency plan, S5800 [19JN]

Reports filed

Consideration of Senate Amendment to H.R. 3221, Provisions: Committee on Rules (House) (H. Res. 1363) (H. Rept. 110-767), H6824 [22JY]

Rulings of the Chair

Enact (H.R. 3221), S5812 [19JN]

Statements

Housing-Related Government-Sponsored Enterprises Regulation Reform: Several Housing Organizations, H6993 [23JY]

Provisions: Executive Office of the President, H6850 [23JY]

Texts of

H. Res. 1363, considerataion of Senate amendment to H.R. 3221, provisions, H6840 [23JY]

H.R. 3221, provisions, H3204-H3219-H3282 [8MY], H6916-H6987 [23JY]