Bills in the 111th Congress
H.R. 5072
FHA Reform Act of 2010
To improve the financial safety and soundness of the FHA mortgage insurance program.
Show All TitlesRead full text at Congress.gov
Sponsor
Maxine Waters
D-CA 35th- 5 Cosponsors
- 14 Amendments
Jun 10, 2010: Passed House
Housing and community development
Actions
| This bill also has 28 actions from amendments. Show Amendment Actions | |
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June 10, 2010 2:48 PM EDT |
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 5072. |
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June 10, 2010 2:39 PM EDT |
Motion to reconsider laid on the table Agreed to without objection. |
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June 10, 2010 2:39 PM EDT |
On passage Passed by recorded vote: 406 - 4 (Roll no. 353). |
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June 10, 2010 2:22 PM EDT |
H.AMDT. 693: On agreeing to the Frank (MA) amendment (A014) Agreed to by voice vote. |
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June 10, 2010 2:22 PM EDT |
H.AMDT. 693: Amendment (A014) offered by Mr. Frank (MA). (consideration: CR H4364-4365; text: CR H4364) |
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June 10, 2010 2:21 PM EDT |
On motion to recommit with instructions Agreed to by voice vote. |
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June 10, 2010 2:21 PM EDT |
The previous question was ordered without objection. (consideration: CR H4364) |
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June 10, 2010 2:13 PM EDT |
DEBATE - The House proceeded with 10 minutes of debate on the Lee (NY) motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House with an amendment to add the following new sections: 1.) prohibit mortgage insurance for borrowers with strategic defaults; and 2.) prohibit bailout of FHA program with taxpayer dollars. Show Debate Speakers |
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June 10, 2010 2:12 PM EDT |
Mr. Lee (NY) moved to recommit with instructions to Financial Services. (consideration: CR H4363-4364; text: CR H4363-4364) |
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June 10, 2010 2:12 PM EDT |
The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text: CR H4343-4345) |
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June 10, 2010 2:11 PM EDT |
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 5072. |
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June 10, 2010 2:10 PM EDT |
H.AMDT. 692: On agreeing to the Maffei amendment (A013) Agreed to by recorded vote: 416 - 0, 1 Present (Roll no. 352). |
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June 10, 2010 2:04 PM EDT |
H.AMDT. 691: On agreeing to the Edwards (TX) amendment (A012) Agreed to by recorded vote: 420 - 4 (Roll no. 351). |
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June 10, 2010 1:57 PM EDT |
H.AMDT. 688: On agreeing to the Turner amendment (A009) Failed by recorded vote: 121 - 301 (Roll no. 350). |
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June 10, 2010 1:50 PM EDT |
H.AMDT. 686: On agreeing to the Price (GA) amendment (A007) Failed by recorded vote: 106 - 316 (Roll no. 349). |
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June 10, 2010 1:43 PM EDT |
On agreeing to the Price (GA) amendment (A007) Roll Call 349 - Recorded vote pending. |
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June 10, 2010 1:40 PM EDT |
H.AMDT. 684: On agreeing to the Garrett (NJ) amendment (A005) Failed by recorded vote: 131 - 289 (Roll no. 348). |
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June 10, 2010 1:29 PM EDT |
H.AMDT. 680: On agreeing to the Waters amendment (A001) Agreed to by recorded vote: 417 - 3 (Roll no. 347). |
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June 10, 2010 1:00 PM EDT |
POSTPONED PROCEEDINGS - At the conclusion of debate on the Maffei amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Maffei demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. |
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June 10, 2010 12:59 PM EDT |
H.AMDT. 692: Amendment (A013) offered by Mr. Maffei. (consideration: CR H4358-4359, H4362-4363; text: CR H4358) Show Debate Speakers |
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June 10, 2010 12:55 PM EDT |
POSTPONED PROCEEDINGS - At the conclusion of debate on the Edwards amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Edwards demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. |
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June 10, 2010 12:52 PM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Edwards amendment. Show Debate Speakers |
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June 10, 2010 12:51 PM EDT |
H.AMDT. 691: Amendment (A012) offered by Mr. Edwards (TX). (consideration: CR H4357-4358, H4362; text: CR H4357) Show Debate Speakers |
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June 10, 2010 12:51 PM EDT |
H.AMDT. 690: On agreeing to the Nye amendment (A011) Agreed to by voice vote. |
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June 10, 2010 12:48 PM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Nye amendment. Show Debate Speakers |
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June 10, 2010 12:47 PM EDT |
H.AMDT. 690: Amendment (A011) offered by Mr. Nye. (consideration: CR H4357; text: CR H4357) Show Debate Speakers |
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June 10, 2010 12:47 PM EDT |
H.AMDT. 689: On agreeing to the Clarke amendment (A010) Agreed to by voice vote. |
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June 10, 2010 12:43 PM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Clarke amendment. Show Debate Speakers |
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June 10, 2010 12:42 PM EDT |
H.AMDT. 689: Amendment (A010) offered by Ms. Clarke. (consideration: CR H4356-4357; text: CR H4356) Show Debate Speakers |
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June 10, 2010 12:41 PM EDT |
POSTPONED PROCEEDINGS - At the conclusion of debate on the Turner amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Turner demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. |
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June 10, 2010 12:30 PM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Turner amendment. Show Debate Speakers |
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June 10, 2010 12:30 PM EDT |
H.AMDT. 687: On agreeing to the Weiner amendment (A008) Agreed to by voice vote. |
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June 10, 2010 12:30 PM EDT |
H.AMDT. 688: Amendment (A009) offered by Mr. Turner. (consideration: CR H4355-4356, H4361-4362; text: CR H4355) |
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June 10, 2010 12:24 PM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Weiner amendment. Show Debate Speakers |
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June 10, 2010 12:24 PM EDT |
H.AMDT. 687: Amendment (A008) offered by Mr. Weiner. (consideration: CR H4353-4355; text: CR H4354) |
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June 10, 2010 12:23 PM EDT |
POSTPONED PROCEEDINGS - At the conclusion of debate on the Price (GA) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Price (GA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. |
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June 10, 2010 12:12 PM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Price (GA) amendment. Show Debate Speakers |
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June 10, 2010 12:11 PM EDT |
H.AMDT. 686: Amendment (A007) offered by Mr. Price (GA). (consideration: CR H4352-4353, H4360-4361; text: CR H4352) Show Debate Speakers |
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June 10, 2010 12:11 PM EDT |
H.AMDT. 685: On agreeing to the Tierney amendment (A006) Agreed to by voice vote. |
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June 10, 2010 12:04 PM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Tierney amendment. Show Debate Speakers |
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June 10, 2010 12:03 PM EDT |
H.AMDT. 685: Amendment (A006) offered by Mr. Tierney. (consideration: CR H4351-4352; text: CR H4351) Show Debate Speakers |
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June 10, 2010 12:03 PM EDT |
POSTPONED PROCEEDINGS - At the conclusion of debate on the Garrett (NJ) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Garrett (NJ) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. |
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June 10, 2010 11:50 AM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Garrett (NJ) amendment. Show Debate Speakers |
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June 10, 2010 11:50 AM EDT |
H.AMDT. 684: Amendment (A005) offered by Mr. Garrett (NJ). (consideration: CR H4349-4351, H4360; text: CR H4349) |
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June 10, 2010 11:49 AM EDT |
H.AMDT. 683: On agreeing to the Bean amendment (A004) Agreed to by voice vote. |
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June 10, 2010 11:42 AM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Bean amendment. Show Debate Speakers |
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June 10, 2010 11:42 AM EDT |
H.AMDT. 683: Amendment (A004) offered by Ms. Bean. (consideration: CR H4347-4349; text: CR H4347-4348) |
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June 10, 2010 11:41 AM EDT |
H.AMDT. 682: On agreeing to the Cao amendment (A003) Agreed to by voice vote. |
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June 10, 2010 11:38 AM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Cao amendment. Show Debate Speakers |
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June 10, 2010 11:37 AM EDT |
H.AMDT. 682: Amendment (A003) offered by Mr. Cao. (consideration: CR H4347; text: CR H4347) |
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June 10, 2010 11:37 AM EDT |
H.AMDT. 681: On agreeing to the Cardoza amendment (A002) Agreed to by voice vote. |
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June 10, 2010 11:31 AM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Cardoza amendment. Show Debate Speakers |
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June 10, 2010 11:31 AM EDT |
H.AMDT. 681: Amendment (A002) offered by Mr. Cardoza. (consideration: CR H4346-4347; text: CR H4346) |
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June 10, 2010 11:30 AM EDT |
POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. |
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June 10, 2010 11:26 AM EDT |
DEBATE - Pursuant to the provisions of H.Res. 1424, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment. Show Debate Speakers |
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June 10, 2010 11:26 AM EDT |
H.AMDT. 680: Amendment (A001) offered by Ms. Waters. (consideration: CR H4345-4346, H4359; text: CR H4345-4346) |
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June 10, 2010 11:25 AM EDT |
The House resolved into Committee of the Whole House on the state of the Union for further consideration. |
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June 10, 2010 11:25 AM EDT |
Considered as unfinished business. (consideration: CR H4342-4365) |
| June 10, 2010 | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
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June 9, 2010 5:55 PM EDT |
Committee of the Whole House on the state of the Union rises leaving H.R. 5072 as unfinished business. |
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June 9, 2010 5:55 PM EDT |
On motion that the Committee rise Agreed to without objection. |
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June 9, 2010 5:55 PM EDT |
Ms. Waters moved that the Committee rise. |
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June 9, 2010 5:39 PM EDT |
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 5072. Show Debate Speakers |
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June 9, 2010 5:38 PM EDT |
The Speaker designated the Honorable Deborah L. Halvorson to act as Chairwoman of the Committee. |
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June 9, 2010 5:38 PM EDT |
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 1424 and Rule XVIII. |
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June 9, 2010 5:31 PM EDT |
Rule provides for consideration of H.R. 5072 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. The resolution waives all points of order against consideration of the bill except those arising under clause 9 or 10 of rule XXI. The resolution also provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services shall be considered as an original bill for the purpose of amendment. |
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June 9, 2010 5:31 PM EDT |
Considered under the provisions of rule H. Res. 1424. (consideration: CR H4300-4302) |
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June 9, 2010 3:02 PM EDT |
Rule H. Res. 1424 passed House. |
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June 8, 2010 6:13 PM EDT |
Rules Committee Resolution H. Res. 1424 Reported to House. Rule provides for consideration of H.R. 5072 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. The resolution waives all points of order against consideration of the bill except those arising under clause 9 or 10 of rule XXI. The resolution also provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services shall be considered as an original bill for the purpose of amendment. |
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May 6, 2010 6:09 PM EDT |
Reported (Amended) by the Committee on Financial Services. H. Rept. 111-476 . |
| May 6, 2010 | Placed on the Union Calendar, Calendar No. 270. |
| May 6, 2010 | Reported (Amended) by the Committee on Financial Services. H. Rept. 111-476. |
| April 27, 2010 | Ordered to be Reported (Amended) by Voice Vote. |
| April 27, 2010 | Committee Consideration and Mark-up Session Held. |
| April 20, 2010 | Referred to the House Committee on Financial Services. |
| April 20, 2010 | Introduced in House |
Amendments
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H.AMDT. 680
An amendment numbered 1 printed in House Report 111-503 to provide for various technical corrections, make modifications to the GAO report in section 15 of the bill, provide that the Secretary may increase loan limits for micropolitan counties surrounded by higher cost areas and experiencing significant growth, and address documentation standards for FHA loans.Jun 10, 2010: Passed House -
H.AMDT. 692
An amendment numbered 13 printed in House Report 111-503 to state 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.Jun 10, 2010: Passed House -
H.AMDT. 691
An amendment numbered 12 printed in House Report 111-503 to require individuals to certify that they have not been convicted of a sex offense against a minor in order to get an FHA mortgage.Jun 10, 2010: Passed House -
H.AMDT. 690
An amendment numbered 11 printed in House Report 111-503 to instruct the Federal Housing Administration to continue the Special Forbearance program, as it relates to Chinese Drywall, until the end of FY 2011.Jun 10, 2010: Passed House -
H.AMDT. 689
An amendment numbered 10 printed in House Report 111-503 to direct 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.Jun 10, 2010: Passed House -
H.AMDT. 687
An amendment numbered 8 printed in House Report 111-503 to increase 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. Would create an `extremely high cost area' category for FHA Multifamily Insurance for those areas, similar to those in Alaska, Guam, Hawaii, and the Virgin Islands.Jun 10, 2010: Passed House -
H.AMDT. 685
An amendment numbered 6 printed in House Report 111-503 to direct 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; (2) authorize such sums as may be necessary for such refunds.Jun 10, 2010: Passed House -
H.AMDT. 683
An amendment numbered 4 printed in House Report 111-503 to require 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.Jun 10, 2010: Passed House -
H.AMDT. 682
An amendment numbered 3 printed in House Report 111-503 to include information about credit risk and financial counseling services to mortgagors in addition to the housing and loan modification information currently included in the bill.Jun 10, 2010: Passed House -
H.AMDT. 681
An amendment numbered 2 printed in House Report 111-503 to prioritize foreclosure counseling services to areas of the country that have been the hardest-hit by the housing crisis.Jun 10, 2010: Passed House -
H.AMDT. 693
Jun 10, 2010: Passed House -
H.AMDT. 686
An amendment numbered 7 printed in House Report 111-503 to cap the number of mortgages the FHA can issue to 10% of total loans originated in the U.S. 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.Jun 10, 2010: On agreeing to the Price (GA) amendment (A007) Failed by recorded vote: 106 - 316 (Roll no. 349). -
H.AMDT. 688
An amendment numbered 9 printed in House Report 111-503 to repeal the emergency authority that allows the FHA to insure loans up to $720,000 in certain high cost areas. The amendment would 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.Jun 10, 2010: On agreeing to the Turner amendment (A009) Failed by recorded vote: 121 - 301 (Roll no. 350). -
H.AMDT. 684
An amendment numbered 5 printed in House Report 111-503 to raise the FHA down payment requirement from 3.5% to 5% and prohibit closing costs from being rolled in as well.Jun 10, 2010: On agreeing to the Garrett (NJ) amendment (A005) Failed by recorded vote: 131 - 289 (Roll no. 348).
Cosponsors
- Shelley Moore Capito, R-WV 2nd
- Barney Frank, D-MA 4th
- Al Green, D-TX 9th
- Stephen F. Lynch, D-MA 9th
- Brad Sherman, D-CA 27th