HOME EQUITY CONVERSION MORTGAGE INSURANCE DEMONSTRATION.

SEC. 1066. HOME EQUITY CONVERSION MORTGAGE INSURANCE DEMONSTRATION. (a) Definitions.— Section 255(b)(3) of the National Housing Act (12 U.S.C. 1715z–20(b)(3)) is amended by inserting “Depository” before “Institutions”. (b) Eligibility Requirements.— Section 255(d)(3) of the National Housing Act (12 U.S.C. 1715z–20(d)(3)) is amended by striking “and that” and all that follows through “residence”.