CONTINUATION AND COORDINATION OF CERTAIN ACTIONS.

SEC. 1302. CONTINUATION AND COORDINATION OF CERTAIN ACTIONS.(a) In General.—All regulations, orders, and determinations described in subsection (b) shall remain in effect according to the terms of such regulations, orders, and determinations, and shall be enforceable by or against the Director or the Secretary of Housing and Urban Development, as the case may be, until modified, terminated, set aside, or superseded in accordance with applicable law by the Director or the Secretary, as the case may be, any court of competent jurisdiction, or operation of law.(b) Applicability.—A regulation, order, or determination is described in this subsection if it—(1) was issued, made, prescribed, or allowed to become effective by—(A) the Office of Federal Housing Enterprise Oversight;(B) the Secretary of Housing and Urban Development, and relates to the authority of the Secretary under—(i) the Federal Housing Enterprises Financial Safety and Soundness Act of 1992;(ii) the Federal National Mortgage Association Charter Act, with respect to the Federal National Mortgage Association; or(iii) the Federal Home Loan Mortgage Corporation Act, with respect to the Federal Home Loan Mortgage Corporation; or(C) a court of competent jurisdiction, and relates to functions transferred by this Act; and(2) is in effect on the effective date of the abolishment under section 1301(a).122 STAT. 2796