Page:United States Statutes at Large Volume 122.djvu/2717

 12 2 STA T . 2 694PUBLIC LA W 11 0– 2 8 9 —J UL Y3 0, 2008 ‘ ‘ (i)each e nt e rp ri s e is achie v in g the ann u a l h o using goals esta b lishe d under subpart B; ‘‘(ii) each enterprise is co m pl y ing w ith its duty to serve underserved mar k ets , as established under section 13 3 5 ‘‘(iii) each enterprise is complying with section 133 7 ‘‘(iv) each enterprise received credit towards achieving each o f its goals resulting from a transaction or activity pursuant to section 1331(b)( 2 ); and ‘‘(v) each enterprise is achieving the purposes of the enterprise established by law; and ‘‘(B) the actions that each enterprise could undertake to promote and e x pand the purposes of the enterprise; ‘‘(2) aggregate and analy z e relevant data on income to assess the compliance of each enterprise with the housing goals established under subpart B; ‘‘(3) aggregate and analyze data on income, race, and gender by census tract and other relevant classifications, and compare such data with larger demographic, housing, and economic trends; ‘‘( 4 ) identify the extent to which each enterprise is involved in mortgage purchases and secondary market activities involving subprime and nontraditional loans; ‘‘(5) compare the characteristics of subprime and nontradi - tional loans both purchased and securitized by each enterprise to other loans purchased and securitized by each enterprise; and ‘‘( 6 ) compare the characteristics of high-cost loans pur- chased and securitized, where such securities are not held on portfolio to loans purchased and securitized, where such securities are either retained on portfolio or repurchased by the enterprise, including such characteristics as — ‘‘( A ) the purchase price of the property that secures the mortgage; ‘‘(B) the loan-to-value ratio of the mortgage, which shall reflect any secondary liens on the relevant property; ‘‘( C ) the terms of the mortgage; ‘‘( D ) the creditworthiness of the borrower; and ‘‘( E ) any other relevant data, as determined by the Director . ‘‘(c) D AT AC OL L EC T I O N AN DR E P O R TIN G .— ‘‘(1) I N GENERAL.— T o assist the Director in analyzing the matters described in subsection (b), the Director shall conduct, on a monthly basis, a survey of mortgage markets in accordance with this subsection. ‘‘(2) DATA POINT S .—Each monthly survey conducted by the Director under paragraph (1) shall collect data on— ‘‘(A) the characteristics of individual mortgages that are eligible for purchase by the enterprises and the characteristics of individual mortgages that are not eligible for purchase by the enterprises including, in both cases, information concerning— ‘‘(i) the price of the house that secures the mort- gage; Deadlin e s.Surv e y s.

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