Sec. 2. Prohibition on transfer of functions

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Section 303(h) of the Federal Home Loan Mortgage Corporation Act ( 12 U.S.C. 1452(h) ) is amended by adding at the end the following: The Corporation may not transfer or delegate any duty or responsibility of the chief executive officer, as of November 25, 2015, to any other position. . Section 309(d) of the Federal National Mortgage Association Charter Act ( 12 U.S.C. 1723a(d) ) is amended by adding at the end the following: The corporation may not transfer or delegate any duty or responsibility of the chief executive officer, as of November 25, 2015, to any other position. .

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U.S. Code

Federal Home Loan Mortgage Corporation
§ 1452
General powers of Government National Mortgage Association and Federal National Mortgage Association
§ 1723a

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Sec. 2

Prohibition on transfer of functions

U.S.C.§ 1452

U.S.C.§ 1723a

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