Sec. 741.
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/bill/113/s/2389/pcs/section-741·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary shall report to the Committee on rural housing loans provided under section 502 of the Housing Act of 1949 ( 42 U.S.C. 1472 ), for each of the five preceding years, including: the total number of loans provided by the Secretary that are equal to or more than $500,000; the total number of guarantees provided by the Secretary on loans with an original principal obligation that is equal to or more than $500,000; the location, including the city and State, of each property for which the Secretary provided such a loan or loan guarantee; and the number of loans and loan guarantees that have resulted in losses to the Secretary as a result of defaults, and the total amount of such losses.
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