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Code · BILL · 114th Congress · S. 495 (Introduced in Senate) — To revoke the charters for the Federal National Mortgage Corporation and the Federal Home Loan Mortgage Corporation u... · Sec. 203

Sec. 203. Funding

40 words·~1 min read·/bill/114/s/495/is/section-203·

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Annual appropriations to the MFA shall be based upon a budget submitted to Congress by the MFA and approved by the Board of Directors. In accordance with section 303(a)(2), amounts appropriated shall be recouped through collection of the guarantee fee.
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