IB 
Union Calendar No. 15 
112TH CONGRESS 
1ST SESSION 
H. R. 839 
[Report No. 112–31] 
To amend the Emergency Economic Stabilization Act of 2008 to terminate 
the authority of the Secretary of the Treasury to provide new assistance 
under the Home Affordable Modification Program, while preserving as-
sistance to homeowners who were already extended an offer to participate 
in the Program, either on a trial or permanent basis. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 28, 2011 
Mr. MCHENRY (for himself, Mr. BACHUS, Mr. HENSARLING, Mrs. BIGGERT, 
Mr. NEUGEBAUER, Mr. GARRETT, Mr. GRIMM, and Mrs. CAPITO) intro-
duced the following bill; which was referred to the Committee on Finan-
cial Services 
MARCH 11, 2011 
Additional sponsor: Mr. COFFMAN of Colorado 
MARCH 11, 2011 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
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A BILL 
To amend the Emergency Economic Stabilization Act of 
2008 to terminate the authority of the Secretary of the 
Treasury to provide new assistance under the Home Af-
fordable Modification Program, while preserving assist-
ance to homeowners who were already extended an offer 
to participate in the Program, either on a trial or perma-
nent basis. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘The HAMP Termi-
nation Act of 2011’’. 
SEC. 2. TERMINATION OF AUTHORITY. 
Section 120 of the Emergency Economic Stabilization 
Act of 2008 (12 U.S.C. 5230) is amended by adding at 
the end the following new subsection: 
‘‘(c) TERMINATION
OF AUTHORITY TO PROVIDE 
NEW ASSISTANCE UNDER
THE HOME AFFORDABLE 
MODIFICATION PROGRAM.— 
‘‘(1) IN GENERAL.—Except as provided under 
paragraph (2), after the date of the enactment of 
this subsection the Secretary may not provide any 
assistance under the Home Affordable Modification 
Program under the Making Home Affordable initia-
tive of the Secretary, authorized under this Act, on 
behalf of any homeowner. 
‘‘(2) PROTECTION OF EXISTING OBLIGATIONS 
ON BEHALF OF HOMEOWNERS ALREADY EXTENDED 
AN
OFFER
TO
PARTICIPATE
IN
THE
PROGRAM.— 
Paragraph (1) shall not apply with respect to assist-
ance provided on behalf of a homeowner who, before 
the date of the enactment of this subsection, was ex-
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tended an offer to participate in the Home Afford-
able Modification Program on a trial or permanent 
basis.’’. 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘The HAMP Termination 
Act of 2011’’. 
SEC. 2. TERMINATION OF AUTHORITY. 
Section 120 of the Emergency Economic Stabilization 
Act of 2008 (12 U.S.C. 5230) is amended by adding at the 
end the following new subsection: 
‘‘(c) TERMINATION OF AUTHORITY TO PROVIDE NEW 
ASSISTANCE UNDER THE HOME AFFORDABLE MODIFICA-
TION PROGRAM.— 
‘‘(1) IN GENERAL.—Except as provided under 
paragraph (2), after the date of the enactment of this 
subsection the Secretary may not provide any assist-
ance under the Home Affordable Modification Pro-
gram under the Making Home Affordable initiative of 
the Secretary, authorized under this Act, on behalf of 
any homeowner. 
‘‘(2) PROTECTION OF EXISTING OBLIGATIONS ON 
BEHALF OF HOMEOWNERS ALREADY EXTENDED AN 
OFFER
TO
PARTICIPATE
IN
THE
PROGRAM.—Para-
graph (1) shall not apply with respect to assistance 
provided on behalf of a homeowner who, before the 
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date of the enactment of this subsection, was extended 
an offer to participate in the Home Affordable Modi-
fication Program on a trial or permanent basis. 
‘‘(3) STUDY OF USE OF PROGRAM BY MEMBERS 
OF THE ARMED FORCES, VETERANS, AND GOLD STAR 
RECIPIENTS.— 
‘‘(A) STUDY.—The Secretary shall conduct 
a study to determine the extent of usage of the 
Home Affordable Modification Program by, and 
the impact of such Program on, covered home-
owners. 
‘‘(B) REPORT.—Not later than the expira-
tion of the 90-day period beginning on the date 
of the enactment of this subsection, the Secretary 
shall submit to the Congress a report setting 
forth the results of the study under paragraph 
(1) and identifying best practices, derived from 
studying the Home Affordable Modification Pro-
gram, that could be applied to existing mortgage 
assistance programs available to covered home-
owners. 
‘‘(C) COVERED HOMEOWNER.—For purposes 
of this subsection, the term ‘covered homeowner’ 
means a homeowner who is— 
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‘‘(i) a member of the Armed Forces of 
the United States on active duty or the 
spouse or parent of such a member; 
‘‘(ii) a veteran, as such term is defined 
in section 101 of title 38, United States 
Code; or 
‘‘(iii) eligible to receive a Gold Star 
lapel pin under section 1126 of title 10, 
United States Code, as a widow, parent, or 
next of kin of a member of the Armed 
Forces person who died in a manner de-
scribed in subsection (a) of such section. 
‘‘(4) PUBLICATION
OF
MEMBER
AVAILABILITY 
FOR ASSISTANCE.—Not later than 5 days after the 
date of the enactment of this subsection, the Secretary 
of the Treasury shall publish to its Website on the 
World Wide Web in a prominent location, large point 
font, and boldface type the following statement: ‘The 
Home Affordable Modification Program (HAMP) has 
been terminated. If you are having trouble paying 
your mortgage and need help contacting your lender 
or servicer for purposes of negotiating or acquiring a 
loan modification, please contact your Member of 
Congress to assist you in contacting your lender or 
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servicer for the purpose of negotiating or acquiring a 
loan modification.’.’’. 
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