,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #higd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #af1         
#bjbj,mr4 ,aguil> introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
increase ! pr9cipal obligation limits = 
mortgage insurance "u ! ,national ,h\s+ 
,act = resid5ces 9 eligible metropolitan
 cities & urban c\nties4  #a4 ,%ort     
title ,?is ,act may be cit$ z ! ,,fha   
,fairness ,act4  #b4 ,,fha ,pr9cipal    
obligation limits = resid5ces 9 eligible
 cities & c\nties ,section #bjc7;b7 ( ! 
,national ,h\s+ ,act 7#ab ,u4,s4,c4     
#agji7 is am5d$ by add+ at ! end (      
p>agraph 7#b7 ! foll[+ undesignat$      
p>agraph3 ,not)/&+ any o!r provision (  
?is p>agraph1 9 ! case ( a resid5ce     
locat$ 9 an eligible city or c\nty1     
clause 7i7 & 7ii7 ( subp>agraph 7,a7    
%all be consid]$ to require t a mortgage
 %all involve a pr9cipal obligation 9 an
 am\nt t does n exce$ 9 ! case ( a      
#a-;family resid5ce1 #abe p]c5t ( !     

m$ian #a-;family h\se price 9 ! eligible
 city or c\nty 9 :i* ! resid5ce is      
locat$1 z def9$ by ! ,secret>y2 9 ! case
 ( a #b-;family resid5ce1 #abe p]c5t ( !
 m$ian #b-;family h\se price 9 !        
eligible city or c\nty 9 :i* ! resid5ce 
is locat$1 z def9$ by ! ,secret>y2 9 !  
case ( a #c-;family resid5ce1 #abe p]c5t
 ( ! m$ian #c-;family h\se price 9 !    
eligible city or c\nty 9 :i* ! resid5ce 
is locat$1 z def9$ by ! ,secret>y2 & 9 !
 case ( a #d-;family resid5ce1 #abe     
p]c5t ( ! m$ian #d-;family h\se price 9 
! eligible city or c\nty 9 :i* !        
resid5ce is locat$1 z def9$ by !        
,secret>y4 ,= ! purposes ( ! prec$+     
s5t5ce1 ! t]m eligible city or c\nty    
means a metropolitan city or urban c\nty
 7z su* t]ms are def9$ 9 section #ajb ( 
! ,h\s+ & ,community ,developm5t ,act ( 
#aigd 7#db ,u4,s4,c4 #ecjb77 t has a    
m$ian #a-;family home price t exce$s !  
am\nt det]m9$ "u subp>agraph 7,a77ii7 ( 
?is p>agraph = ! area 7z ! t]m is def9$ 
9 ! fir/ s5t5ce aft] subp>agraph 7,b77  

)9 :i* su* city or c\nty is locat$ & is 
locat$ 9 an area t1 z det]m9$ by !      
,secret>y1 exp]i5c$ a decrease 9 maximum
 pr9cipal obligation am\nt "u ?is       
p>agraph = #a-;family resid5ces equal to
 or 9 excess ( #bj p]c5t betwe5 ,janu>y 
#a1 #bjac1 & ,janu>y #a1 #bjad4 4  #c4  
,effective date ,! am5dm5t made by ?is  
,act %all apply only to mortgages = :i* 
! mortgagee has issu$ cr$it approval = !
 borr[] on or aft] ,janu>y #a1 #bjba4