‘‘(e) REPORTING TO CONGRESS.—Not later than 90 
days after the date of enactment of the FHA Reform Act 
of 2010 and not less often than annually thereafter, the 
Secretary shall make available to the Committee on Finan-
cial Services of the House of Representatives and the 
Committee on Banking, Housing, and Urban Affairs of 
the Senate any information and conclusions pursuant to 
the reviews required under subsection (a). Such report 
shall not include detailed information on the performance 
of individual mortgages.’’. 
SEC. 9. USE OF NATIONWIDE MORTGAGE LICENSING SYS-
TEM AND REGISTRY. 
(a) USE BY MORTGAGEES, OFFICERS, AND OWNERS; 
USE FOR INSURED MORTGAGES.— 
(1) MORTGAGEES, OFFICERS, AND OWNERS.— 
Section 202 of the National Housing Act (12 U.S.C. 
1708), as amended by the preceding provisions of 
this Act, is further amended by adding at the end 
the following new subsections: 
‘‘(k) USE OF NATIONWIDE MORTGAGE LICENSING 
SYSTEM AND REGISTRY FOR MORTGAGEES, OFFICERS, 
AND OWNERS.—The Secretary may require, as a condition 
for approval of a mortgagee by the Secretary to originate 
or underwrite mortgages on single family residences that 
are insured by the Secretary, that the mortgagee—
‘‘(1) obtain and maintain a unique company 
identifier assigned by the Nationwide Mortgage Li-
censing System and Registry, as established by the 
Conference of State Bank Supervisors and the 
American Association of Residential Mortgage Regu-
lators; and 
‘‘(2) obtain and maintain, as relates to any and 
all officers or owners of the mortgagee who are sub-
ject to the requirements of the S.A.F.E. Mortgage 
Licensing Act of 2008, or are otherwise required to 
register with the Nationwide Mortgage Licensing 
System and Registry, the unique identifier assigned 
by the Nationwide Mortgage Licensing System and 
Registry, as established by the Conference of State 
Bank Supervisors and the American Association of 
Residential Mortgage Regulators.’’. 
(2) INSURED MORTGAGES.—Section 203 of the 
National Housing Act (12 U.S.C. 1709) is amended 
by adding at the end the following new subsection: 
‘‘(y) USE OF NATIONWIDE MORTGAGE LICENSING 
SYSTEM AND REGISTRY FOR INSURED LOANS.—The Sec-
retary may require each mortgage insured under this sec-
tion to include the unique identifier (as such term is de-
fined in section 1503 of the S.A.F.E. Mortgage Licensing 
act of 2008 (12 U.S.C. 5102)) and any unique company
identifier assigned by the Nationwide Mortgage Licensing 
System and Registry, as established by the Conference of 
State Bank Supervisors and the American Association of 
Residential Mortgage Regulators.’’. 
(b) COORDINATION
WITH
STATE
REGULATORY 
AGENCIES.—Section 202 of the National Housing Act (12 
U.S.C. 1708), as amended by the preceding provisions of 
this Act, is further amended by adding at the end the fol-
lowing new subsection: 
‘‘(l) INFORMATION SHARING WITH STATE REGU-
LATORY AGENCIES.— 
‘‘(1) JOINT PROTOCOL ON INFORMATION SHAR-
ING.—The Secretary shall, through consultation with 
State regulatory agencies, pursue protocols for infor-
mation sharing, including the appropriate treatment 
of confidential or otherwise restricted information, 
regarding either actions described in subsection 
(c)(3) of this section or disciplinary or enforcement 
actions by a State regulatory agency or agencies 
against a mortgagee (as such term is defined in sub-
section (c)(7)). 
‘‘(2) COORDINATION.—To the greatest extent 
possible, the Secretary and appropriate State regu-
latory agencies shall coordinate disciplinary and en-
forcement actions involving mortgagees (as such 
term is defined in subsection (c)(7)).’’. 
SEC. 10. REPORTING OF MORTGAGEE ACTIONS TAKEN 
AGAINST OTHER MORTGAGEES. 
Section 202 of the National Housing Act (12 U.S.C. 
1708(e)), as amended by the preceding provisions of this 
Act, is further amended by adding at the end the following 
new subsection: 
‘‘(m) NOTIFICATION OF MORTGAGEE ACTIONS.—The 
Secretary shall require each mortgagee, as a condition for 
approval by the Secretary to originate or underwrite mort-
gages on single family or multifamily housing that are in-
sured by the Secretary, if such mortgagee engages in the 
purchase of mortgages insured by the Secretary and origi-
nated by other mortgagees or in the purchase of the serv-
icing rights to such mortgages, and such mortgagee at any 
time takes action to terminate or discontinue such pur-
chases from another mortgagee based on any determina-
tion, evidence, or report of fraud or material misrepresen-
tation in connection with the origination of such mort-
gages, the mortgagee shall, not later than 15 days after 
taking such action, shall notify the Secretary of the action 
taken and the reasons for such action.’’.
SEC. 11. ANNUAL ACTUARIAL STUDY AND QUARTERLY RE-
PORTS ON MUTUAL MORTGAGE INSURANCE 
FUND. 
Subsection (a) of section 202 of the National Hous-
ing Act (12 U.S.C. 1708(a)) is amended— 
(1) in the second sentence of paragraph (4), by 
inserting before the period at the end the following: 
‘‘, any changes to the current or projected safety 
and soundness of the Fund since the most recent re-
port under this paragraph or paragraph (5), and 
any risks to the Fund’’; and 
(2) in paragraph (5)— 
(A) in subparagraph (D), by striking 
‘‘and’’ at the end; 
(B) in subparagraph (E), by striking the 
period at the end and inserting ‘‘; and’’; 
(C) by adding at the end the following: 
‘‘(F) any other factors that are likely to 
have an impact on the financial status of the 
Fund or cause any material changes to the cur-
rent or projected safety and soundness of the 
Fund since the most recent report under para-
graph (4). 
The Secretary may include in the report under this 
paragraph any recommendations not made in the 
most recent report under paragraph (4) that may be