Pub. L. 100-242, tit. IV, subtit. B, sec. 445

PROHIBITION OF LIMITATION ON FHLMC MORTGAGE OPERATIONS.

EnactedYear: 1988Length: 53 wordsOfficial source
SEC. 445. PROHIBITION OF LIMITATION ON FHLMC MORTGAGE OPERATIONS. Section 305 of the Federal Home Loan Mortgage Corporation Act is amended by adding at the end the following new subsection: “(c) The Board of Directors may not impose any annual limitation on the maximum aggregate principal amount of mortgages purchased by the Corporation.”.
Pub. L. 100-242, tit. IV, subtit. B, sec. 445: PROHIBITION OF LIMITATION ON FHLMC MORTGAGE OPERATIONS. | Justis AI