See How Your Politicians Voted
Title: Terminating the Home Affordable Modification Program
Vote Smart's Synopsis:
Vote to pass a bill that terminates the Home Affordable Modification Program (HAMP).
Highlights:
- Specifies that homeowners who have already received assistance under HAMP are not affected by the termination of the program (Sec. 3).
- Requires the Secretary of the Treasury to conduct a study to determine the usage of HAMP by military personnel, veterans, and their families (Sec. 3).
- Requires all unused funds under HAMP to be used instead for reducing the budget deficit of the Federal Government (Sec. 3).