S. 2465IntroducedSenate · nowHousePresidentLawIn committeeSec. 221 · S. 2465
Untitled section
Title II — DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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None of the funds made available in this Act shall be used by the Federal Housing Administration, the Government National Mortgage Association, or the Department of Housing and Urban Development to insure, securitize, or establish a Federal guarantee of any mortgage or mortgage backed security that refinances or otherwise replaces a mortgage that has been subject to eminent domain condemnation or seizure, by a State, municipality, or any other political subdivision of a State.