Pub. L. 84-1020, tit. II, sec. 202
Pub. L. 84-1020, tit. II, sec. 202
Sec. 202. Section 303 (b) of such Act is amended by striking out the first sentence and inserting: “The Association shall accumulate funds for its capital surplus account from private sources by requiring each mortgage seller to make payments of nonrefundable capital contributions equal to 2 per centum of the unpaid principal amounts of mortgages purchased or to be purchased by the Association from such seller or equal to such other greater or lesser percentage, but not less than 1 per centum thereof, as the Association may determine from time to time, taking into consideration conditions in the mortgage market and the general economy.”