,,ii #aaf? ,,congress #a/ ,session ,s4 #bgbe ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,octob] #bi1 #bjai,mr4 ,r\nds 7= himself1 ,ms4 ,smi?1 ,mr4 ,?une1 ,mr4 ,te/]1 ,ms4 ,mc,sally1 & ,ms4 ,cortez ,ma/o7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to modify ! proc$ures = loan gu>antees provid$ = ,indian h\s+1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,native ,am]ican ,h\s+ ,af=dability ,act ( #bjai4 #b4 ,f9d+s ,congress f9ds t-- 7#a7 ! ext5d$ timel9es = approv+ l5d]s' applications to p>ticipate 9 ! program e/abli%$ "u section #ahd ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #agaez-#ac;a7 are unacceptably long2 7#b7 ^? ext5d$ timel9es inhibit ! ability ( l5d]s to provide ne$$ mortgage loans on ,native ,am]ican res]vations2 & 7#c7 x c take a significant am\nt ( "t = c]ta9 ,bureau ( ,indian ,affairs ,l& ,title & ,records ,(fices to issue f9al c]tifi$ title /atus reports = mortgages issu$ on ,indian tru/ l& "u section #ahd ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #agaez-#ac;a71 :i* delays ! gu>antee ( ! loan by ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t4 #c4 ,improvem5ts to loan gu>antees = ,indian h\s+ 7a7 ,docum5tation requir$ = ,indian tru/ l& ,section #ahd7;c7 ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #agaez-#ac;a7c77 is am5d$ by add+ at ! end ! foll[+3 7#e7 ,trail+ docum5ts 7,a7 ,9 g5]al ,! ,secret>y may issue a c]tificate ( gu>antee "u ?is subsection = a loan involv+ a security int]e/ 9 ,indian tru/ l& be=e ! ,secret>y receives ! trail+ docum5ts requir$ by ! ,secret>y1 includ+ ! f9al c]tifi$ title /atus report %[+ ! recordation by ! ,bureau ( ,indian ,affairs ( ! mortgage relat+ to ! loan1 if ! orig9at+ l5d] agrees to indemnify ! ,secret>y = any losses t may result :5-- 7i7 a claim paym5t is pres5t$ to ! ,secret>y due to ! default ( ! borr[] on ! loan2 & 7ii7 ! requir$ trail+ docum5ts are out/&+4 7,b7 ,t]m9ation ( indemnification agreem5t ,an indemnification agreem5t betwe5 an orig9at+ l5d] & ! ,secret>y describ$ 9 subp>agraph 7,a7 %all only t]m9ate ^u receipt by ! ,secret>y ( ! trail+ docum5ts describ$ 9 t subp>agraph 9 a =m & mann] t is acceptable to ! ,secret>y4 7,c7 ,rule ( con/ruction ,no?+ 9 ?is p>agraph %all be con/ru$ z au?oriz+ ! ,bureau ( ,indian ,affairs to delay ! issuance ( a f9al c]tifi$ title /atus report & record$ mortgage relat+ to a loan clos$ on ,indian tru/ l&4 4 7b7 ,report+ ,! ,secret>y ( ,h\s+ & ,urban ,developm5t %all-- 7#a7 report to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs & ! ,committee on ,indian ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices & ! ,committee on ,natural ,res\rces ( ! ,h\se ( ,repres5tatives on a semiannual basis on ! progress t ! ,secret>y is mak+ to accel]ate ! process+ ( l5d] applications "u section #ahd ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #agaez-#ac;a72 & 7#b7 if !re is no improvem5t 9 accel]at+ ^? process+ timel9es1 submit to ! committees describ$ 9 p>agraph 7#a7 a report expla9+ ! lack ( improvem5t4