ANNUAL REPORTS BY DIRECTOR.

SEC. 1319B. ANNUAL REPORTS BY DIRECTOR. (a) General Report.—The Director shall submit to the Committee on Banking, Finance and Urban Affairs of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate, not later than June 15 of each year, a written report, which shall include— (1) a description of the actions taken, and being under-taken, by the Director to carry out this title; (2) a description of the financial safety and soundness of each enterprise, including the results and conclusions of the annual examinations of the enterprises conducted under section 1317(a); and (3) any recommendations for legislation to enhance the financial safety and soundness of the enterprises. (b) Report on Enforcement Actions.—Not later than March 15 of each year, the Director shall submit to the Committee on Banking, Finance and Urban Affairs of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate a written report describing, for the preceding calendar year, the requests by the Director to the Attorney General for enforcement actions under subtitle C and describing the disposition of each request, which shall include statements of— (1) the total number of requests made by the Director; (2) the number of requests that resulted in the commencement of litigation by the Department of Justice; (3) the number of requests that did not result in the commencement of litigation by the Department of Justice; (4) with respect to requests that resulted in the commencement of litigation— 106 STAT. 3951 (A) the number of days between the date of the request and the commencement of the litigation; and (B) the number of days between the date of the commencement and termination of the litigation; and (5) the number of litigation requests pending at the beginning of the calendar year, the number of requests made during the calendar year, the number of requests for which action was completed during the calendar year, and the number of requests pending at the end of the calendar year.