Page:United States Statutes at Large Volume 114 Part 5.djvu/995

 PUBLIC LAW 106-569—DEC. 27, 2000 114 STAT. 3009 SEC. 606. PUBLIC INFORMATION. Section 607 (42 U.S.C. 5406) is amended— (1) in subsection (a)— (A) by inserting "to the Secretary" after "submit"; and (B) by adding at the end the following: "The Secretary shall submit such cost and other information to the consensus committee for evaluation."; (2) in subsection (d), by inserting ", the consensus committee," after "public"; and (3) by striking subsection (c) and redesignating subsections (d) and (e) as subsections (c) and (d), respectively. SEC. 607. RESEARCH, TESTING, DEVELOPMENT, AND TRAINING. (a) IN GENERAL.—Section 608(a) (42 U.S.C. 5407(a)) is amended— (1) in paragraph (2), by striking "and" at the end; (2) in paragraph (3), by striking the period at the end and inserting a semicolon; and (3) by adding at the end the following: "(4) encouraging the government-sponsored housing entities to actively develop and implement secondary market securitization programs for the FHA manufactured home loans and those of other loan programs, as appropriate, thereby promoting the availability of affordable manufactured homes to increase homeownership for all people in the United States; and "(5) reviewing the programs for FHA manufactured home loans and developing any changes to such programs to promote the affordability of manufactured homes, including changes in loan terms, amortization periods, regulations, and procedures.". (b) DEFINITIONS.— Section 608 (42 U.S.C. 5407) is amended by adding at the end the following: "(c) DEFINITIONS. —For purposes of this section, the following definitions shall apply: "(1) GOVERNMENT-SPONSORED HOUSING ENTITIES. —^ The term 'government-sponsored housing entities' means the Government National Mortgage Association of the Department of Housing and Urban Development, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation. "(2) FHA MANUFACTURED HOME LOAN.— The term 'FHA manufactured home loan' means a loan that— "(A) is insured under title I of the National Housing Act and is made for the purpose of financing alterations, repairs, or improvements on or in connection with an existing manufactured home, the purchase of a manufactured home, the purchase of a manufactured home and a lot on which to place the home, or the purchase only of a lot on which to place a manufactured home; or "(B) is otherwise insured under the National Housing Act and made for or in connection with a manufactured home.". SEC. 608. PROHIBITED ACTS. Section 610(a) (42 U.S.C. 5409(a)) is amended— (1) in paragraph (5), by striking "or" at the end;

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