House plans votes next week to end two more federal mortgage programs

Republicans in Tuesday's Rules Committee hearing said two more bills that would terminate federal mortgage programs are expected to be considered on the House floor next week.

Based on their description in the hearing, the two bills are those being marked up on Wednesday in the House Financial Services Committee. The first is H.R. 839, the HAMP Termination Act. That bill would terminate the authority of Treasury to provide assistance under the Home Affordable Modification Program (HAMP).

The second is H.R. 861, the NSP Termination Act, which would rescind $1 billion in funding for a third round of the Neighborhood Stabilization Program.

Those bills join two others that the House will consider beginning Wednesday afternoon: H.R. 830, which would end the FHA's mortgage refinance program, and H.R. 836, which ends the Dodd-Frank emergency mortgage relief program. The White House has said it would veto both of these bills, but has not yet issued a statement on the bills expected next week.