limitations on insurance authorizations

limitations on insurance authorizations Sec. 604. (a) Section 2(a) of the National Housing Act is amended by striking out in the first sentence “1961” and inserting in lieu thereof “1965”. (b) Section 203(a) of such Act is amended by striking out the colon and all that follows the colon and inserting in lieu thereof a period. (c) Section 217 of such Act is amended to read as follows: “general mortgage insurance authorization “Sec. 217. Except with respect to the insurance of a loan or mortgage pursuant to section 2, section 221, or title VIII of this Act (subject to any limitations thereunder on the time of such insurance), no loan or mortgage shall be insured under any provision of this Act after October 1, 1965, except pursuant to a commitment to insure before that date.” (d) Section 803 (a) of such Act is amended by striking out “1961” and inserting in lieu thereof “1962”, and by striking out “twenty-five thousand” and inserting in lieu thereof “twenty-eight thousand”.