Page:United States Statutes at Large Volume 97.djvu/1248

 97 STAT. 1216 PUBLIC LAW 98-181—NOV. 30, 1983 Foreclosure proceedings. Premium charge. Report to Congress. 12 USC 1709. Recommenda- tions to Congress. Definitions. 31 USC 6701 et seq. 43 USC 1601 note. "(b) If the Secretary determines such action is necessary to protect the insurance fund from undue loss, the Secretary may initiate foreclosure proceedings with respect to any mortgage acquired under this subsection. Such proceeding may take place in a tribal court, a court of competent jurisdiction, or Federal district court. Any such court shall have jurisdiction to convey to the Secretary the remaining life of a lease on the real property and to order eviction of the delinquent mortgagor. "(g) In the administration of this section, the Secretary shall establish a premium charge for insurance that will be sufficient to cover the full costs of the mortgage insurance program under this section, except that such charge may not exceed 3 percent per annum of the principal amount of the mortgage outstanding at any time. Not later than September 30, 1984, the Secretary shall deter- mine and report to the Congress on the feasibility of eliminating any excess amount of the premium under this section over the premium under section 203. In the event such premiums are not sufficient to cover the full costs of the mortgage insurance program under this section, the Secretary shall make recommendations to the Congress about changes to the program. "(h) For purposes of this section: "(1) The term 'Indian tribe' means any Indian or Alaska native tribe, band, nation, or other organized group or commu- nity of Indians or Alaska natives recognized as eligible for the services provided to Indians or Alaska natives by the Secretary of the Interior because of its status as such an entity, or that is an eligible recipient under chapter 67 of title 31, United States Code. "(2) The term 'trust or otherwise restricted land' means (A) that area of land, as defined by the Secretary of the Interior, over which an Indian tribe is recognized by the United States as having governmental jurisdiction; (B) land held in trust for the benefit of any Indian tribe or individual or held by any Indian tribe or individual subject to a restriction by the United States against alienation; or (C) land acquired by Alaska natives under the Alaska Native Claims Settlement Act or any other land acquired by Alaska natives pursuant to statute by virtue of their unique status as Alaska natives.". TREATMENT OF FEDERAL HOUSING ADMINISTRATION SINGLE FAMILY PREMIUMS 12 USC 1709. SEC. 423. (a) Section 203 of the National Housing Act is amended by inserting the following new subsection after subsection (c): "(d) Notwithstanding any provision of this title governing maxi- mum mortgage amounts for insuring a mortgage secured by a one- to four-family dwelling, the maximum amount of the mortgage determined under any such provision may be increased by the amount of the mortgage insurance premium paid at the time the mortgage is insured.'. (b)(1) The first sentence of section 203(b)(2) of such Act is amended by striking out the following: ": Provided, That the foregoing maxi- mum mortgage amounts may be increased by the amount of the mortgage insurance premium paid at the time the mortgage is insured. 12 USC 1715e. (2) Section 213(b)(2) of such Act is amended by striking out the following: ": Provided further. That the foregoing maximum mort-

�