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Code · BILL · 113th Congress · H.R. 3550 (Introduced in House) — To stabilize the housing and banking sectors by eliminating policies that distort markets and facilitate risky lendin... · Sec. 101

Sec. 101. Repeal of housing goals for enterprises

323 words·~1 min read·/bill/113/hr/3550/ih/section-101

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The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 is amended by striking sections 1331 through 1336 ( 12 U.S.C. 4561–6 ). Federal Housing Enterprises Financial Safety and Soundness Act of 1992 is amended— in section 1303(28) ( 12 U.S.C. 4502(28) ), by striking , and, for the purposes and all that follows through designated disaster areas ; in section 1324(b)(1)(A) ( 12 U.S.C. 4544(b)(1)(A) ), by striking clauses (i), (ii), and (iv); in section 1339(h) ( 12 U.S.C. 4569(h) ), by striking paragraph (7); in section 1341 ( 12 U.S.C. 4581 )— in subsection (a)— in paragraph (1), by inserting or after the semicolon at the end; in paragraph (2), by striking the semicolon at the end and inserting a period; and by striking paragraphs
(3)and (4); and in subsection (b)(2)— in subparagraph (A), by inserting or after the semicolon at the end; by striking subparagraphs
(B)and (C); and by redesignating subparagraph
(D)as subparagraph (B); in section 1345(a) ( 12 U.S.C. 4585(a) )— in paragraph (1), by inserting or after the semicolon at the end; in paragraph (2), by striking the semicolon at the end and inserting a period; and by striking paragraphs
(3)and (4); and in section 1371(a)(2) ( 12 U.S.C. 4631(a)(2) ), by striking with any housing goal established under subpart B of part 2 of subtitle A of this title, with section 1336 or 1337 of this title, . Section 309 of the Federal National Mortgage Association Charter Act ( 12 U.S.C. 1723a ) is amended by striking subsection (n). Section 307 of the Federal Home Loan Mortgage Corporation Act ( 12 U.S.C. 1456 ) is amended by striking subsection (f). Section 309 of the Federal National Mortgage Association Charter Act ( 12 U.S.C. 1723a ) is amended by striking subsection (o). Section 307 of the Federal Home Loan Mortgage Corporation Act ( 12 U.S.C. 1456 ) is amended by striking subsection (g).
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  • 12 USC 4561–6
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Sec. 101
Repeal of housing goals for enterprises
U.S.C.§ 4502
U.S.C.§ 4544
U.S.C.§ 4569
U.S.C.§ 4581
U.S.C.§ 4585
U.S.C.§ 4631
U.S.C.§ 1723a
U.S.C.§ 1456
Cite12 USC 4561–6
Cites 9Cited by 0 across 0 sources
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