12-U.S.C.-4542

§4542 – Housing Price Index

Pathway

Title 12 > Chapter 46 > Subchapter I > Part B > Subpart 1 > Section 4542

Details

• Reference: Section 4542
• Legend: §4542 – Housing Price Index
• USCode Year: 2013

Provision Content

The Director shall establish and maintain a method of assessing the national average 1-family house price for use for adjusting the conforming loan limitations of the enterprises. In establishing such method, the Director shall take into consideration the monthly survey of all major lenders conducted by the Federal Housing Finance Agency to determine the national average 1-family house price, the House Price Index maintained by the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development before the effective date of the Federal Housing Finance Regulatory Reform Act of 2008, any appropriate house price indexes of the Bureau of the Census of the Department of Commerce, and any other indexes or measures that the Director considers appropriate.

(Pub. L. 102–550, title XIII, §1322, as added Pub. L. 110–289, div. A, title I, §1124(d), July 30, 2008, 122 Stat. 2693.)

References in Text

The effective date of the Federal Housing Finance Regulatory Reform Act of 2008, referred to in text, probably means the date of enactment of div. A of Pub. L. 110–289, which was approved July 30, 2008.

Prior Provisions

A prior section 4542, Pub. L. 102–550, title XIII, §1322, Oct. 28, 1992, 106 Stat. 3953, related to the Secretary of Housing and Urban Developments prior approval authority for new programs, prior to repeal by Pub. L. 110–289, div. A, title I, §1121(2), July 30, 2008, 122 Stat. 2689.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-4513 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-4513, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-4523 in the Legal Encyclopedia: Government Sponsored Enterprises

In this entry about 12-U.S.C.-4523, find legal reference material, bibliographies and premiere content related to government sponsored enterprises in the American Encyclopedia of Law, presenting a comprehensive view of the United States government sponsored enterprises-specific issues, written by authorities in the field.

Topic Map

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