H.R. 430 (112th): HAMP Repeal and Deficit Reduction Act of 2011

Jan 25, 2011 (112th Congress, 2011–2013)
Died (Referred to Committee)
Jim Jordan
Representative for Ohio's 4th congressional district
Read Text »
Last Updated
Jan 25, 2011
4 pages

This bill was introduced on January 25, 2011, in a previous session of Congress, but was not enacted.

Introduced Jan 25, 2011
Referred to Committee Jan 25, 2011
Full Title

To terminate the Home Affordable Modification Program of the Department of the Treasury.


No summaries available.

4 cosponsors (4R) (show)

House Financial Services

Housing and Insurance

The committee chair determines whether a bill will move past the committee stage.

Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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