,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #bfd  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #ae1 #bjac    
,mr4 ,lyn* introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,f9ancial   
,s]vices  ,a ,,bill  ,to provide =      
semiannual actu>ial /udies ( ! ,,fha    
mortgage insurance program ( ! ,secret>y
 ( ,h\s+ & ,urban ,developm5t dur+      
p]iods t ! ,mutual ,mortgage ,insurance 
,fund does n meet m9imum capital ratio  
requirem5ts4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,,fha ,enhanc$ ,ov]sight
 ,act ( #bjac4  #b4 ,semiannual actu>ial
 /udies ( ,,mmif dur+ p]iods ( capital  
depletion ,p>agraph 7#d7 ( section      
#bjb7;a7 ( ! ,national ,h\s+ ,act 7#ab  
,u4,s4,c4 #agjh7;a77#d77 is am5d$--     
7#a7 9 ! fir/ s5t5ce1 by ins]t+ except z
 provid$ 9 subp>agraph 7,b71 aft] to be 
conduct$ annually12  7#b7 9 ! second    
s5t5ce1 by ins]t+ 1 except z provid$ 9  
subp>agraph 7,b71 aft] annually2  7#c7  
by /rik+ ! p>agraph designation & head+ 
& all t foll[s ?r\gh ,! ,secret>y %all  

provide & ins]t+ ! foll[+3  7#d7        
,indep5d5t actu>ial /udy  7,a7 ,annual  
/udy ,! ,secret>y %all provide  2 &     
7#d7 by add+ at ! end ! foll[+ new      
subp>agraph3  7,b7 ,semiannual /udies   
dur+ p]iods ( capital depletion ,dur+   
any p]iod t ! ,fund fails to ma9ta9     
suffici5t capital to comply ) ! capital 
ratio requirem5t "u section             
#bje7;f77#b7--  7i7 ! indep5d5t /udy    
requir$ by subp>agraph 7,a7 %all be     
conduct$ semiannually & %all analyze !  
f9ancial position ( ! ,fund z (         
,septemb] #cj & ,m>* #ca ( ea* fiscal   
ye> dur+ su* p]iod2 &  7ii7 ! ,secret>y 
%all submit a report meet+ ! requirem5ts
 ( subp>agraph 7,a7 = ea* su* semiannual
 /udy4  4