Amends the National Housing Act to exempt the single family home mortgage insurance program administered by the Secretary of Housing and Urban Development and the guarantee authority of the Government National Mortgage Association from sequestration or reduction under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Housing and Community Development.
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