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H.R. 9514IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 3 · H.R. 9514

Eligibility of mortgagors with respect to purchase and securitization by Fannie Mae and Freddie Mac

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(a) Requirement for Fannie Mae Section 302 of the Federal National Mortgage Association Charter Act (12 U.S.C. 1717) is amended in subsection (b)(2), by inserting after the second sentence the following: No such purchase of a conventional mortgage secured by a property comprising one- to four-family dwelling unit shall be made if the mortgagor is not a citizen of the United States.. (b) Requirement for Freddie Mac Section 305 of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1454) is amended in subsection (a)(2) by inserting after the first sentence the following: No such purchase of a conventional mortgage secured by a property comprising one- to four-family dwelling unit shall be made if the mortgagor is not a citizen of the United States..

Sec. 3: Eligibility of mortgagors with respect to purchase and securitization by Fannie Mae and Freddie Mac · Public Law Tracker