Pub. L. 101-625, tit. III, subtit. B, sec. 327

MORTGAGE COUNSELING FOR DELINQUENT MORTGAGORS.

EnactedYear: 1990Length: 86 wordsOfficial source
SEC. 327. MORTGAGE COUNSELING FOR DELINQUENT MORTGAGORS. Section 203(r) of the National Housing Act (12 U.S.C. 1709(r)) is amended— (1) by striking “and” at the end of paragraph (2); (2) by striking the period at the end of paragraph (3) and inserting “; and”; and (3) by adding at the end the following new paragraph: “(4) providing counseling, either directly or through third parties, to delinquent mortgagors whose mortgages are insured under this section 203 (12 U.S.C. 1709), using the Fund to pay for such counseling.”.