American Homeownership and Economic Opportunity Act of 2000
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106TH UNITED STATES CONGRESS
2ND SESSION
2ND SESSION
An Act
To expand homeownership in the United States, and for other purposes.
- Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
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Section 1. Short Title; Table of Contents.Edit
- (a) SHORT TITLE.—
- This Act may be cited as the ``American Homeownership and Economic Opportunity Act of 2000´´.
- (b) TABLE OF CONTENTS.—
- TITLE IV — PRIVATE MORTGAGE INSURANCE CANCELLATION AND TERMINATION
- Sec. 401. Short title.
- Sec. 402. Changes in amortization schedule.
- Sec. 403. Deletion of ambiguous references to residential mortgages.
- Sec. 404. Cancellation rights after cancellation date.
- Sec. 405. Clarification of cancellation and termination issues and lender paid mortgage insurance disclosure requirements.
- Sec. 406. Definitions.
- TITLE IV — PRIVATE MORTGAGE INSURANCE CANCELLATION AND TERMINATION
- TITLE VI — MANUFACTURED HOUSING IMPROVEMENT
- Sec. 601. Short title; references.
- Sec. 602. Findings and purposes.
- Sec. 603. Definitions.
- Sec. 604. Federal manufactured home construction and safety standards.
- Sec. 605. Abolishment of National Manufactured Home Advisory Council; manufactured home installation.
- Sec. 606. Public information.
- Sec. 607. Research, testing, development, and training.
- Sec. 608. Prohibited acts.
- Sec. 609. Fees.
- Sec. 610. Dispute resolution.
- Sec. 611. Elimination of annual reporting requirement.
- Sec. 612. Effective date.
- Sec. 613. Savings provisions.
- TITLE VI — MANUFACTURED HOUSING IMPROVEMENT
- TITLE VII — RURAL HOUSING HOMEOWNERSHIP
- Sec. 701. Guarantees for refinancing of rural housing loans.
- Sec. 702. Promissory note requirement under housing repair loan program.
- Sec. 703. Limited partnership eligibility for farm labor housing loans.
- Sec. 704. Project accounting records and practices.
- Sec. 705. Definition of rural area.
- Sec. 706. Operating assistance for migrant farmworkers projects.
- Sec. 707. Multifamily rental housing loan guarantee program.
- Sec. 708. Enforcement provisions.
- Sec. 709. Amendments to title 18 of United States Code.
- TITLE VII — RURAL HOUSING HOMEOWNERSHIP
- Subtitle A — Improving Monetary Policy and Financial Institution Management Practices
- Sec. 1201. Repeal of savings association liquidity provision.
- Sec. 1202. Noncontrolling investments by savings association holding companies.
- Sec. 1203. Repeal of deposit broker notification and recordkeeping requirement.
- Sec. 1204. Expedited procedures for certain reorganizations.
- Sec. 1205. National bank directors.
- Sec. 1206. Amendment to National Bank Consolidation and Merger Act.
- Sec. 1207. Loans on or purchases by institutions of their own stock; affiliations.
- Sec. 1208. Purchased mortgage servicing rights.
- Subtitle A — Improving Monetary Policy and Financial Institution Management Practices
- Subtitle D — Technical Corrections
- Sec. 1231. Technical correction relating to deposit insurance funds.
- Sec. 1232. Rules for continuation of deposit insurance for member banks converting charters.
- Sec. 1233. Amendments to the Revised Statutes of the United States.
- Sec. 1234. Conforming change to the International Banking Act of 1978.
- Subtitle D — Technical Corrections
Approved December 27, 2000.
Legislative HistoryEdit
- HOUSE REPORTS:
- No. 106-553 Part I accompanying H.R. 1776 (Comm. on Banking and Financial Services)
- No. 106-553 Part II accompanying H.R. 1776 (Comm. on Banking and Financial Services)
- CONGRESSIONAL RECORD, Vol. 146 (2000):
- Dec. 5, considered and passed House.
- Dec. 7, considered and passed Senate.
- HOUSE REPORTS: