Pub. L. 89-117, tit. X, sec. 1004

federal national mortgage association secondary market operations for insured rural housing loans

EnactedYear: 1965Length: 116 wordsOfficial source
federal national mortgage association secondary market operations for insured rural housing loans Sec. 1004. (a) Section 302(b) of the National Housing Act is amended— (1) by inserting immediately after “which are insured under the National Housing Act” the following: “or title V of the Housing Act of 1949”; (2) by inserting after “any mortgage” in clause (2) of the proviso the following: “, except a mortgage insured under title V of the Housing Act of 1949,”; and (3) by inserting before the period in the last sentence the following: “or title V of the Housing Act of 1949”. (b) Section 303(b) of such Act is amended by inserting “and other” after “private” in the first sentence.
Pub. L. 89-117, tit. X, sec. 1004: federal national mortgage association secondary market operations for insured rural housing loans | Justis AI