Sec. 2. Treatment of a non-owner occupied 1- to 4-family dwelling
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Section 107A(c)(1)(B)(i) of the Federal Credit Union Act ( 12 U.S.C. 1757a(c)(1)(B)(i) ) is amended by striking that is the primary residence of a member . Nothing in this Act or the amendment made by this Act shall preclude the National Credit Union Administration from treating an extension of credit that is fully secured by a lien on a 1- to 4-family dwelling that is not the primary residence of a member as a member business loan for purposes other than the member business loan limitation requirements under section 107A of the Federal Credit Union Act ( 12 U.S.C. 1757a ).
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Sec. 2
Treatment of a non-owner occupied 1- to 4-family dwelling
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