the portion of the remaining balance attributable to 
the premium collected under subparagraph (A) and 
without taking into account delinquent payments or 
prepayments). 
‘‘(C) Premium charges under this paragraph 
shall be established in amounts that are sufficient, 
but do not exceed the minimum amounts necessary, 
to maintain a negative credit subsidy for the pro-
gram under this section for insurance of loans, ad-
vances of credit, or purchases in connection with a 
manufactured home or a lot on which to place such 
a home (or both), as determined based upon risk to 
the Federal Government under existing underwriting 
requirements. 
‘‘(D) The Secretary may increase the limita-
tions on premium payments to percentages above 
those set forth in subparagraphs (A) and (B), but 
only if necessary, and not in excess of the minimum 
increase necessary, to maintain a negative credit 
subsidy as described in subparagraph (C).’’. 
SEC. 7. TECHNICAL CORRECTIONS. 
(a) DATES.—Subsection (a) of section 2 of the Na-
tional Housing Act (12 U.S.C. 1703(a)) is amended— 
(1) by striking ‘‘on and after July 1, 1939,’’ 
each place such term appears; and
(2) by striking ‘‘made after the effective date of 
the Housing Act of 1954’’. 
(b) AUTHORITY OF SECRETARY.—Subsection (c) of 
section 2 of the National Housing Act (12 U.S.C. 1703(c)) 
is amended to read as follows: 
‘‘(c) HANDLING AND DISPOSAL OF PROPERTY.— 
‘‘(1) AUTHORITY
OF
SECRETARY.—Notwith-
standing any other provision of law, the Secretary 
may— 
‘‘(A) deal with, complete, rent, renovate, 
modernize, insure, or assign or sell at public or 
private sale, or otherwise dispose of, for cash or 
credit in the Secretary’s discretion, and upon 
such terms and conditions and for such consid-
eration as the Secretary shall determine to be 
reasonable, any real or personal property con-
veyed to or otherwise acquired by the Secretary, 
in connection with the payment of insurance 
heretofore or hereafter granted under this title, 
including any evidence of debt, contract, claim, 
personal property, or security assigned to or 
held by him in connection with the payment of 
insurance heretofore or hereafter granted under 
this section; and
‘‘(B) pursue to final collection, by way of 
compromise or otherwise, all claims assigned to 
or held by the Secretary and all legal or equi-
table rights accruing to the Secretary in con-
nection with the payment of such insurance, in-
cluding unpaid insurance premiums owed in 
connection with insurance made available by 
this title. 
‘‘(2) ADVERTISEMENTS FOR PROPOSALS.—Sec-
tion 3709 of the Revised Statutes shall not be con-
strued to apply to any contract of hazard insurance 
or to any purchase or contract for services or sup-
plies on account of such property if the amount 
thereof does not exceed $25,000. 
‘‘(3) DELEGATION OF AUTHORITY.—The power 
to convey and to execute in the name of the Sec-
retary, deeds of conveyance, deeds of release, assign-
ments and satisfactions of mortgages, and any other 
written instrument relating to real or personal prop-
erty or any interest therein heretofore or hereafter 
acquired by the Secretary pursuant to the provisions 
of this title may be exercised by an officer appointed 
by the Secretary without the execution of any ex-
press delegation of power or power of attorney. 
Nothing in this subsection shall be construed to pre-
vent the Secretary from delegating such power by 
order or by power of attorney, in the Secretary’s dis-
cretion, to any officer or agent the Secretary may 
appoint.’’. 
SEC. 8. REVISION OF UNDERWRITING CRITERIA. 
(a) IN GENERAL.—Subsection (b) of section 2 of the 
National Housing Act (12 U.S.C. 1703(b)), as amended 
by the preceding provisions of this Act, is further amended 
by adding at the end the following new paragraph: 
‘‘(10) FINANCIAL
SOUNDNESS
OF
MANUFAC-
TURED HOUSING PROGRAM.—The Secretary shall es-
tablish such underwriting criteria for loans and ad-
vances of credit in connection with a manufactured 
home or a lot on which to place a manufactured 
home (or both), including such loans and advances 
represented by obligations purchased by financial in-
stitutions, as may be necessary to ensure that the 
program under this title for insurance for financial 
institutions against losses from such loans, advances 
of credit, and purchases is financially sound.’’. 
(b) TIMING.—Not later than the expiration of the 6- 
month period beginning on the date of the enactment of 
this Act, the Secretary of Housing and Urban Develop-
ment shall revise the existing underwriting criteria for the 
program referred to in paragraph (10) of section 2(b) of
the National Housing Act (as added by subsection (a) of 
this section) in accordance with the requirements of such 
paragraph. 
SEC. 9. REQUIREMENT OF SOCIAL SECURITY ACCOUNT 
NUMBER FOR ASSISTANCE. 
Section 2 of the National Housing Act (12 U.S.C. 
1703) is amended by adding at the end the following new 
subsection: 
‘‘(j) REQUIREMENT OF SOCIAL SECURITY ACCOUNT 
NUMBER FOR FINANCING.—No insurance shall be grant-
ed under this section with respect to any obligation rep-
resenting any loan, advance of credit, or purchase by a 
financial institution unless the borrower to which the loan 
or advance of credit was made, and each member of the 
family of the borrower who is 18 years of age or older 
or is the spouse of the borrower, has a valid social security 
number.’’. 
SEC. 10. GAO STUDY OF MITIGATION OF TORNADO RISKS 
TO MANUFACTURED HOMES. 
The Comptroller General of the United States shall 
assess how the Secretary of Housing and Urban Develop-
ment utilizes the FHA manufactured housing loan insur-
ance program under title I of the National Housing Act, 
the community development block grant program under 
title I of the Housing and Community Development Act
of 1974, and other programs and resources available to 
the Secretary to mitigate the risks to manufactured hous-
ing residents and communities resulting from tornados. 
The Comptroller General shall submit to the Congress a 
report on the conclusions and recommendations of the as-
sessment conducted pursuant to this section not later than 
the expiration of the 12-month period beginning on the 
date of the enactment of this Act. 
Passed the House of Representatives June 25, 2007. 
Attest: 
Clerk.
110TH CONGRESS 
1ST SESSION 
H. R. 2139 
AN ACT 
To modernize the manufactured housing loan insur-
ance program under title I of the National Hous-
ing Act.