PUBLIC LAW 101-235—DEC. 15, 1989 - 103 STAT. 1987 Public Law 101-235 101st Congress An Act To amend Federal laws to reform housing, community and neighborhood develop- Dec. 15, 1989 ment, and related programs, and for other purposes. [H.R. 1] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. Department of Housing and SECTION 1. SHORT TITLE AND TABLE OF CONTENTS. Urban (a) SHORT TITLE.— T his Act may be cited as the "Department of RefornfAc?of Housing and Urban Development Reform Act of 1989". 1989. (b) TABLE OF CONTENTS.— 42 USC 3531 note. Sec. 1. Short title and table of contents. TITLE I—REFORMS TO DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Subtitle A—Ethics Sec. 101. Allocation of housing assistance. Sec. 102. HUD accountability. Sec. 103. Prohibition of advance disclosure of funding decisions. Sec. 104. Reform of headquarters reserve. Sec. 105. Reform of CDBG discretionary fund and provision of technical assistance. Sec. 106. Waiver of regulation requirements and handbook provisions. Sec. 107. Civil money penalties against mortgagees and lenders. Sec. 108. Civil money penalties against multifamily mortgagors. Sec. 109. Civil money penalties against section 202 mortgagors. Sec. 110. Civil money penalties against GNMA issuers. Sec. 111. Civil money penalties for violations of Interstate Land Sales Full Disclo- sure Act. Sec. 112. Registration of consultants. Subtitle B—Management Reform Sec. 121. Establishment of HUD Chief Financial Officer. Sec. 122. Establishment of FHA Comptroller. Sec. 123. Expediting rulemaking. Sec. 124. Funding for program evaluation and monitoring. Sec. 125. Refinancing of section 235 mortgages. Sec. 126. Sanctions for improper conveyances under urban homestead programs. Sec. 127. Reform of moderate rehiJiilitation program. Subtitle C—Federal Housing Administration Reforms
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Sec. 131. Annual audited financial statements. Sec. 132. Credit reviews of persons acquiring mortgaged properties under single family program for life of mortgage. Sec. 133. Repeal of title X land development program. Sec. 134. Civil money penalties for improper dealer and loan broker participation in origination of property improvement loans. Sec. 135. Notification regiurding suspended mortgagees. Sec. 136. FHA foreclosed properties. Sec. 137. Report r^^arding providing foreclosed properties to 1989 disaster victims. Sec. 138. Rei^rt regarding actions to improve direct endorsement program. Sec. 139. Co-insurance amendments. Sec. 140. FHA management. Sec. 141. Contracting for financial management support. Sec. 142. FHA operations.
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