§ 5220a. Application of GSE conforming loan limit to mortgages assisted with TARP funds
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/usc/title-12/section-5220aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In making any assistance available to prevent and mitigate foreclosures on residential properties, including any assistance for mortgage modifications, using any amounts made available to the Secretary of the Treasury under title I of the Emergency Economic Stabilization Act of 2008 [12 U.S.C. 5211 et seq.], the Secretary shall provide that the limitation on the maximum original principal obligation of a mortgage that may be modified, refinanced, made, guaranteed, insured, or otherwise assisted, using such amounts shall not be less than the dollar amount limitation on the maximum original principal obligation of a mortgage that may be purchased by the Federal Home Loan Mortgage Corporation that is in effect, at the time that the mortgage is modified, refinanced, made, guaranteed, insured, or otherwise assisted using such amounts, for the area in which the property involved in the transaction is located.
(Pub. L. 111–22, div. A, title II, § 205, May 20, 2009, 123 Stat. 1654.)
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- Pub. L. 111–22, div. A, title II, § 205
- 123 Stat. 1654
- Pub. L. 110–343
- 122 Stat. 3765
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§ 5220a
Application of GSE conforming loan limit to mortgages assisted with TARP funds
Stat.×1
Pub. L.Pub. L. 111–22, div. A, title II, § 205
Stat.123 Stat. 1654
Pub. L.Pub. L. 110–343
Stat.122 Stat. 3765
Cites 6Cited by 1 across 1 source