[Congressional Bills 110th Congress] [From the U.S. Government Publishing Office] [H.R. 391 Introduced in House (IH)] 110th CONGRESS 1st Session H. R. 391 To authorize the Secretary of Housing and Urban Development to continue to insure, and to enter into commitments to insure, home equity conversion mortgages under section 255 of the National Housing Act. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 10, 2007 Mr. Matheson (for himself, Ms. Ginny Brown-Waite of Florida, Mr. Frank of Massachusetts, Mr. Davis of Kentucky, Ms. Waters, and Mr. Gary G. Miller of California) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To authorize the Secretary of Housing and Urban Development to continue to insure, and to enter into commitments to insure, home equity conversion mortgages under section 255 of the National Housing Act. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. AUTHORITY TO INSURE HOME EQUITY CONVERSION MORTGAGES. The Secretary of Housing and Urban Development may, until the date specified in section 106(3) of the Continuing Appropriations Resolution, 2007 (Division B of Public Law 109-289; 120 Stat. 1313), insure and enter into commitments to insure mortgages under section 255 of the National Housing Act (12 U.S.C. 1715z-20), without regard to the limitation in the first sentence of such section 255(g), as amended by section 131 of the Continuing Appropriations Resolution, 2007 (120 Stat. 1316). <all>