12 USC 5219a - Home Affordable Modification Program guidelines

U.S Code last checked for updates: May 05, 2024

§ 5219a.

Home Affordable Modification Program guidelines

(a)

Net present value input data

(b)

Web-based site for NPV calculator and application

(1)

NPV calculator

(2)

Disclosure

(3)

Application

(c)

Public availability of NPV methodology, computer model, and variables

The Secretary shall make publicly available, including by posting on a World Wide Web site of the Secretary—

(1)

the Secretary’s methodology and computer model, including all formulae used in such computer model, used for calculating net present value of a mortgage that is used by the calculator established pursuant to subsection (b); and

(2)

all non-proprietary variables used in such net present value analysis.

(Pub. L. 111–203, title XIV, § 1482, July 21, 2010, 124 Stat. 2203.)

cite as: 12 USC 5219a