12 U.S.C. 1721: Management and liquidation functions of Government National Mortgage Association

2019

• Pub. L. 116–33 struck out "The Association may not guarantee the timely payment of principal and interest on a security that is backed by a mortgage insured or guaranteed under chapter 37 of title 38 and that was refinanced until the later of the date that is 210 days after the date… Law text · (g)

2018

• Pub. L. 115–174 inserted "The Association may not guarantee the timely payment of principal and interest on a security that is backed by a mortgage insured or guaranteed under chapter 37 of title 38 and that was refinanced until the later of the date that is 210 days after the date … (Economic Growth, Regulatory Relief, and Consumer Protection Act) Law text · (g)

2004

• Pub. L. 108–199, in first sentence, struck out "or title V of the Housing Act of 1949" after "mortgages which are insured under this chapter" and inserted ", title V of the Housing Act of 1949," after "1944". (Consolidated Appropriations Act, 2004) Law text · (g)

2002

• Pub. L. 107–326 repealed Pub. L. 105–244, §972(a). See 1998 Amendment note below. (FHA Downpayment Simplification Act of 2002) Law text · (g)

1998

• Pub. L. 105–244, §972(a), which directed amendment of subpar. (A), effective Oct. 1, 2004, by substituting "The Association shall assess and collect a fee in an amount equal to nine basis points" for "No fee or charge in excess of 6 basis points may be assessed or collected by th… (Higher Education Amendments of 1998) Law text · (g)

1996

• Pub. L. 104–330 inserted before period at end of first sentence "; or guaranteed under section 1715z–13a of this title". (Native American Housing Assistance and Self-Determination Act of 1996) Law text · (g)
• Pub. L. 104–120 amended par. (2) generally. Prior to amendment, par. (2) read as follows: "Notwithstanding any other provision of law and subject only to the absence of qualified requests for guarantees, to the authority provided in this subsection, and to the extent of or in such a… (Housing Opportunity Program Extension Act of 1996) Law text · (g)

1993

• Pub. L. 103–120 substituted "$107,700,000,000" for "$88,000,000,000". · (g)
• Pub. L. 103–66 added subpar. (E). · (g)

1992

• Pub. L. 102–550, §532, inserted after third sentence "In any case in which (I) Federal law requires the reduction of the interest rate on any mortgage backing a security guaranteed under this subsection, (II) the mortgagor under the mortgage is a person in the military service, and … · (g)
• Pub. L. 102–550, §531, amended par. (2) generally. Prior to amendment, par. (2) read as follows: "Notwithstanding any other provision of law and subject only to the absence of qualified requests for guarantees, to the authority provided in this subsection, and to the extent of or in… · (g)

1990

• Pub. L. 101–625 amended par. (2) generally. Prior to amendment, par. (2) read as follows: "Notwithstanding any other provision of law and subject only to the absence of qualified requests for guarantees, to the authority provided in this subsection, and to any funding limitation app… · (g)

1988

• Pub. L. 100–242 amended par. (2) generally. Prior to amendment, par. (2) read as follows: "Notwithstanding any other provision of law and subject only to the absence of qualified requests for guarantees, to the authority provided in this subsection, and to any funding limitation app… · (g)

1987

• Pub. L. 100–14 added par. (3). · (g)

1984

• Pub. L. 98–479 substituted "chapter 31 of title 31" for "the Second Liberty Bond Act, as now or hereafter in force" in two places. · (d)

1983

• Pub. L. 98–181 substituted "Notwithstanding any other provision of law and subject only to the absence of qualified requests for guarantees, to the authority provided in this subsection, and to any funding limitation approved in appropriation Acts, the Association shall enter into c… · (g)

1981

• Pub. L. 97–35 redesignated existing provisions as par. (1), substituted "(i)" for "(1)" and "(ii)" for "(2)", and added par. (2). · (g)

1980

• Pub. L. 96–399 inserted provisions relating to Federal, State, or local law, and substituted "The Association is hereby" for "Any Federal, State, or other law to the contrary notwithstanding, the Association is hereby". · (g)

1973

• Pub. L. 93–222 included mortgages which are guaranteed under title XIII of the Public Health Service Act. · (g)

1968

• Pub. L. 90–448 added subsec. (g). · (g)

1967

• Pub. L. 90–19 substituted "Secretary of Housing and Urban Development" for "Housing and Home Finance Agency or its Administrator, or by such Agency's constituent units or agencies or the heads thereof". · (e)

1965

• Pub. L. 89–117 authorized Association to deal in any obligations offered to it by Housing and Home Finance Agency or its Administrator or by such Agency's units or agencies or by heads thereof as well as residential mortgages offered to it by any Federal instrumentality, or head thereo… · (e)

1964

• Pub. L. 88–560 substituted "or obligations, participations, or other instruments which are lawful investments" for "or obligations which are lawful investments". · (b)

1961

• Pub. L. 87–70 added subsec. (f). · (f)

1959

• Pub. L. 86–372, §305(a), substituted "and obligations of the United States or guaranteed thereby, or obligations which are lawful investments for fiduciary, trust, or public funds" for "and bonds or other obligations of, or bonds or other obligations guaranteed as to principal and inte… · (b)
• Pub. L. 86–372, §306(a), added subsec. (e). · (e)