,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #bgcc  ,,in ,,the ,,house ,,of  
,,representatives  ,july #ah1 #bjac ,mr4
 ,campbell introduced the following     
bill2 which was referred to the         
,committee on ,financial ,services  ,a  
,,bill  ,to prohibit ,fannie ,mae and   
,freddie ,mac from purchasing1 the ,,fha
 from insuring1 and the ,department of  
,agriculture from guaranteeing1 making1 
or insuring1 a mortgage that is secured 
by a residence or residential structure 
located in a county in which the ,state 
has used the power of eminent domain to 
take a residential mortgage4  #a4 ,short
 title ,this ,act may be cited as the   
,defending ,american ,taxpayers ,from   
,abusive ,government ,takings ,act of   
#bjac4  #b4 ,prohibition relating to use
 of power of eminent domain  7a7 ,fannie
 ,mae ,subsection 7b7 of section #cjb of
 the ,federal ,national ,mortgage       
,association ,charter ,act 7#ab         
,u4,s4,c4 #agag7;b77 is amended by      
adding at the end the following new     

paragraph3  7#g7 7,a7 ,notwithstanding  
any other provision of law1 the         
corporation may not purchase any        
mortgage that is secured by a structure 
or dwelling unit that is located within 
a county that contains any structure or 
dwelling unit that secures or secured a 
residential mortgage loan that the      
,state 7or the ,district of ,columbia1  
the ,commonwealth of ,puerto ,rico1 or  
any territory or possession of the      
,united ,states71 including any agency  
or political subdivision thereof1       
obtained during the preceding #abj      
months by exercise of the power of      
eminent domain4  7,b7 ,for purposes of  
this paragraph1 the term residential    
mortgage loan means a mortgage loan that
 is evidenced by a promissory note and  
secured by a mortgage1 deed of trust1 or
 other security instrument on a         
residential structure or a dwelling unit
 in a residential structure4 ,such term 
includes a first mortgage loan or any   
subordinate mortgage loan4  4  7b7      

,freddie ,mac ,subsection 7a7 of section
 #cje of the ,federal ,home ,loan       
,mortgage ,corporation ,act 7#ab        
,u4,s4,c4 #aded7;a77 is amended by      
adding at the end the following new     
paragraph3  7#f7 7,a7 ,notwithstanding  
any other provision of law1 the         
,corporation may not purchase any       
mortgage that is secured by a structure 
or dwelling unit that is located within 
a county that contains any structure or 
dwelling unit that secures or secured a 
residential mortgage loan that the      
,state 7or the ,district of ,columbia1  
the ,commonwealth of ,puerto ,rico1 or  
any territory or possession of the      
,united ,states71 including any agency  
or political subdivision thereof1       
obtained during the preceding #abj      
months by exercise of the power of      
eminent domain4  7,b7 ,for purposes of  
this paragraph1 the term residential    
mortgage loan means a mortgage loan that
 is evidenced by a promissory note and  
secured by a mortgage1 deed of trust1 or

 other security instrument on a         
residential structure or a dwelling unit
 in a residential structure4 ,such term 
includes a first mortgage or any        
subordinate mortgage4  4  7c7 ,,fha     
,title ,v of the ,national ,housing ,act
 7#ab ,u4,s4,c4 #agca;a et seq47 is     
amended by adding at the end the        
following new section3  #edc4           
,prohibition relating to use of power of
 eminent domain  7a7 ,in general        
,notwithstanding any other provision of 
law1 the ,secretary may not newly insure
 under this ,act any mortgage that is   
secured by a structure or dwelling unit 
that is located within a county that    
contains any structure or dwelling unit 
that secures or secured to a residential
 mortgage loan that the ,state 7or the  
,district of ,columbia1 the             
,commonwealth of ,puerto ,rico1 or any  
territory or possession of the ,united  
,states71 including any agency or       
political subdivision thereof1 obtained 
during the preceding #abj months by     

exercise of the power of eminent domain4
  7b7 ,definition ,for purposes of this 
section1 the term residential mortgage  
loan means a mortgage loan that is      
evidenced by a promissory note and      
secured by a mortgage1 deed of trust1 or
 other security instrument on a         
residential structure or a dwelling unit
 in a residential structure4 ,such term 
includes a first mortgage or any        
subordinate mortgage4  4  7d7           
,department of ,agriculture ,section    
#eja of the ,housing ,act of #aidi 7#db 
,u4,s4,c4 #adga7 is amended by adding at
 the end the following new subsection3  
7k7 ,prohibition relating to use of     
power of eminent domain  7#a7 ,in       
general ,notwithstanding any other      
provision of law1 the ,secretary may not
 newly guarantee1 make1 or insure under 
this title any mortgage that is secured 
by a structure or dwelling unit that is 
located within a county that contains   
any structure or dwelling unit that     
secures or secured to a residential     

mortgage loan that the ,state 7as such  
term is defined in section              
#ejb7;h77#ab771 including any agency or 
political subdivision thereof1 obtained 
during the preceding #abj months by     
exercise of the power of eminent domain4
  7#b7 ,definition ,for purposes of this
 subsection1 the term residential       
mortgage loan means a mortgage loan that
 is evidenced by a promissory note and  
secured by a mortgage1 deed of trust1 or
 other security instrument on a         
residential structure or a dwelling unit
 in a residential structure4 ,such term 
includes a first mortgage or any        
subordinate mortgage4  4