---
kind: "section"
citation: "12 U.S.C. § 5219a"
title: "12"
title_heading: "Banks and Banking"
number: "5219a"
heading: "Home Affordable Modification Program guidelines"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/5219a"
units:
  - "Chapter 52 — Emergency Economic Stabilization"
  - "Subchapter I — Troubled Assets Relief Program"
---

# §5219a. Home Affordable Modification Program guidelines

- (a) **Net present value input data—** The [Secretary](/usc/12/5202.md?p=7) of the Treasury (in this section referred to as the “[Secretary](/usc/12/5202.md?p=7)”) shall revise the supplemental directives and other guidelines for the Home Affordable Modification Program of the Making Home Affordable initiative of the [Secretary](/usc/12/5202.md?p=7) of the Treasury, authorized under the Emergency Economic Stabilization Act of 2008 (Public Law 110–343) [[12 U.S.C. 5201](/usc/12/5201.md) et seq.], to require each [mortgage](/usc/12/1707.md?p=a) servicer participating in such program to provide each borrower under a [mortgage](/usc/12/1707.md?p=a) whose request for a [mortgage](/usc/12/1707.md?p=a) modification under the Program is denied with all borrower-related and [mortgage](/usc/12/1707.md?p=a)-related input data used in any net present value (NPV) analyses performed in connection with the subject [mortgage](/usc/12/1707.md?p=a). Such input data shall be provided to the borrower at the time of such denial.
- (b) **Web-based site for NPV calculator and application—**
  - (1) **NPV calculator—** In carrying out the Home Affordable Modification Program, the [Secretary](/usc/12/5202.md?p=7) shall establish and maintain a site on the World Wide Web that provides a calculator for net present value analyses of a [mortgage](/usc/12/1707.md?p=a), based on the [Secretary](/usc/12/5202.md?p=7)’s methodology for calculating such value, that [mortgagors](/usc/12/1707.md?p=b) can use to enter information regarding their own [mortgages](/usc/12/1707.md?p=a) and that provides a determination after entering such information regarding a [mortgage](/usc/12/1707.md?p=a) of whether such [mortgage](/usc/12/1707.md?p=a) would be accepted or rejected for modification under the Program, using such methodology.
  - (2) **Disclosure—** Such Web site shall also prominently disclose that each [mortgage](/usc/12/1707.md?p=a) servicer participating in such Program may use a method for calculating net present value of a [mortgage](/usc/12/1707.md?p=a) that is different than the method used by such calculator.
  - (3) **Application—** The [Secretary](/usc/12/5202.md?p=7) shall make a reasonable effort to include on such World Wide Web site a method for homeowners to apply for a [mortgage](/usc/12/1707.md?p=a) modification under the Home Affordable Modification Program.
- (c) **Public availability of NPV methodology, computer model, and variables—** The [Secretary](/usc/12/5202.md?p=7) shall make publicly available, including by posting on a World Wide Web site of the [Secretary](/usc/12/5202.md?p=7)—
  - (1) the [Secretary](/usc/12/5202.md?p=7)’s methodology and computer model, including all formulae used in such computer model, used for calculating net present value of a [mortgage](/usc/12/1707.md?p=a) that is used by the calculator established pursuant to [subsection (b)](#b); and
  - (2) all non-proprietary variables used in such net present value analysis.

## Source credit

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

## Notes

### Editorial Notes

### References in Text

The Emergency Economic Stabilization Act of 2008, referred to in subsec. (a), is div. A of Pub. L. 110–343, Oct. 3, 2008, 122 Stat. 3765, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5201 of this title and Tables.

### Codification

Section was enacted as part of the Mortgage Reform and Anti-Predatory Lending Act, and also as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and not as part of the Emergency Economic Stabilization Act of 2008 which comprises this chapter.

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective on the date on which final regulations implementing such section take effect, or on the date that is 18 months after the designated transfer date if such regulations have not been issued by that date, see section 1400(c) of Pub. L. 111–203, set out as an Effective Date of 2010 Amendment note under section 1601 of Title 15, Commerce and Trade.