,,ii  #aag? ,,congress  #a/ ,session    
,s4 #cjdj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,octob] #ba1 #bjba,mr4 
,toomey introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to prohibit ,fannie ,mae &     
,fr$die ,mac f pur*as+ or o!rwise       
acquir+ inve/or prop]ty loans1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,no ,,gse ,subsidies =     
,inve/or ,prop]ties ,act4  #b4          
,def9itions ,9 ?is ,act3 7#a7           
,conv5tional mortgage ,! t]m conv5tional
 mortgage has ! mean+ giv5 ! t]m 9      
section #cjb7;i7 ( ! ,f$]al ,home ,loan 
,mortgage ,act 7#ab ,u4,s4,c4           
#adea7;i774  7#b7 ,ent]prise ,! t]m     
ent]prise has ! mean+ giv5 ! t]m 9      
section #acjc ( ! ,f$]al ,h\s+          
,ent]prises ,f9ancial ,safety &         
,s\ndness ,act ( #aiib 7#ab ,u4,s4,c4   
#dejb74  7#c7 ,inve/or prop]ty loan ,!  
t]m inve/or prop]ty loan means a        
conv5tional mortgage secur$ by a prop]ty

 compris+ #a-to-#d family dwell+ units t
 is n ! pr9cipal resid5ce or a second   
home ( ! borr[]4  #c4 ,prohibition on   
pur*ase or acquisition ( inve/or prop]ty
 loans  7a7 ,9 g5]al ,not)/&+ any o!r   
provision ( law1 includ+ ! ,f$]al       
,national ,mortgage ,association ,*>t]  
,act 7#ab ,u4,s4,c4 #agaf et seq47 or ! 
,f$]al ,home ,loan ,mortgage            
,corporation ,act 7#db ,u4,s4,c4 #adea  
et seq471 on & aft] ! date t is #ah     
mon?s aft] ! date ( enactm5t ( ?is ,act1
 an ent]prise may n pur*ase or o!rwise  
acquire an inve/or prop]ty loan4  7b7   
,transition plans ,! ,f$]al ,h\s+       
,f9ance ,ag5cy %all require ea*         
ent]prise to develop & implem5t a plan  
to gradually r$uce ! pur*ase &          
acquisition ( inve/or prop]ty loans by !
 ent]prise to a*ieve compliance )       
subsection 7a7 :ile mitigat+ ! risk (   
disruption to ! h\s+ f9ance m>ket 9 !   
,unit$ ,/ates4