To amend the National Housing Act to authorize the Government National Mortgage Association to guarantee securities backed by loans guaranteed by the Rural Housing Service under section 538 of the Housing Act of 1949.
Rural Multifamily Housing Loan Guarantee and Ginnie Mae Corrections Act - Amends the National Housing Act to authorize the Government National Mortgage Association (Ginnie Mae) to guarantee securities backed by loans insured or guaranteed by the Rural Housing Service under title V of the Housing Act of 1949. (Current law refers to loans insured under title V.)
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
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