increase in gnma purchase authority

increase in gnma purchase authority Sec. 114. Section 302(b) of the National Housing Act is amended— (1) by striking out “exceeds or exceeded $17,500” in clause (3) of the proviso in the first sentence and inserting in lieu thereof “exceeds or exceeded $22,000”; (2) by striking out “that exceeds $17,500” in the second sentence and inserting in lieu thereof “that exceeds the otherwise applicable maximum amount”; and (3) by striking out “did not exceed $17,500” in the second sentence and inserting in lieu thereof “did not exceed the otherwise applicable maximum amount”.