larger insured mortgages for servicemen

larger insured mortgages for servicemen Sec. 212. Section 222(b) of the National Housing Act is amended— (1) by striking out “$20,000” in paragraph (2) and inserting in lieu thereof “$30,000”; and (2) by striking out paragraph (3) and inserting in lieu thereof the following: “(3) have a principal obligation not in excess of the sum of (i) 97 per centum of $15,000 of the appraised value of the property 79 Stat. 471as of the date the mortgage is accepted for insurance, (ii) 90 per centum of such value in excess of $15,000 but not in excess of $20,000, and (iii) 85 per centum of such value in excess of $20,000; and”.