An amendment numbered 2 printed in House Report 109-254 to permit personal property loans secured by manufactured housing to be considered in determining whether a GSE has met its duty to serve underserved markets and to permit manufactured homes that have not been attached to ground owned by a manufactured home owner to count towards this goal.
What it does: Inserts new text on page 114, line 6
Rep. Julia Carson (D-IN)Description
Amendment encourages Government Sponsored Enterprises (GSEs) to purchase personal property loans secured by manufactured housing that will count towards the GSE underserved market goals.
What it changes
1 change to H.R. 1461
We couldn't read part of this amendment. That part is shown as written below.
Inserts new text on page 114, line 6
InsertsPrinted pageInserted: (3) Manufactured housing market.--In determining whether an enterprise has complied with the duty under subparagraph (A) of subsection (a)(2), the Director may consider loans secured by both real and personal property.
Original wording
Page 114, after line 6, insert the following new paragraph:
Shown as written
Page 114, line 6, strike the quotation marks and the last period.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 114, line 6, strike the quotation marks and the last period.
Page 114, after line 6, insert the following new paragraph:
“(3) Manufactured housing market.--In determining whether an enterprise has complied with the duty under subparagraph (A) of subsection (a)(2), the Director may consider loans secured by both real and personal property.”.
Legislative Activity
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House amendment offered
October 26, 2005
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House amendment offered
October 26, 2005
House amendment agreed to: On agreeing to the Carson amendment (A002) Agreed to by voice vote.
October 26, 2005 • 2:16 PM
Amendment agreed to Committee of the Whole
October 26, 2005 • 2:16 PM
House amendment offered/reported by : Amendment (A002) offered by Ms. Carson.(consideration: CR H9178; text: CR H9178)
October 26, 2005 • 2:13 PM
Amendment (A002) offered by Ms. Carson. (consideration: CR H9178; text: CR H9178)
October 26, 2005 • 2:13 PM
On agreeing to the Carson amendment (A002) Agreed to by voice vote.
October 26, 2005 • 2:16 PM