As of 12/06/2016 the description for this amendment has not been received.

Purpose:

An amendment to prohibit any of the funds made available in the Act from being used to provide mortgage insurance under the National Housing Act (12 U.S.C. 1701 et seq.) for any mortgage or loan made by a lender that has been determined, by the Secretary of Housing and Urban Development, under the Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2801 et seq.) to have engaged in lending practices that are not prudent.

House Amendment Code:

(A043)

House Tally Clerks use this code to manage amendment information.