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.

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).