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12 U.S.C. § 1456

Immunity of Corporation; audits and reporting requirements; data collection; Housing Advisory Council

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 1456, Immunity of Corporation; audits and reporting requirements; data collection; Housing Advisory Council, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437604
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All rights and remedies of the Corporation, including without limitation on the generality of the foregoing any rights and remedies of the Corporation on, under, or with respect to any mortgage or any obligation secured thereby, shall be immune from impairment, limitation, or restriction by or under (1) any law (except laws enacted by the Congress expressly in limitation of this sentence) which becomes effective after the acquisition by the Corporation of the subject or property on, under, or with respect to which such right or remedy arises or exists or would so arise or exist in the absence of such law, or (2) any administrative or other action which becomes effective after such acquisition. The Corporation is authorized to conduct its business without regard to any qualification or similar statute in any State. Each such annual report shall include— an assessment (as of the end of the Corporation’s most recent fiscal year), signed by the chief executive officer and chief accounting or financial officer of the Corporation, of— The Corporation shall collect, maintain, and provide to the Director of the Federal Housing Finance Agency, in a form determined by the Director, data relating to its mortgages on housing consisting of 1 to 4 dwelling units. Such data shall include— The Corporation shall collect, maintain, and provide to the Director of the Federal Housing Finance Agency, in a form determined by the Director, data relating to its mortgages on housing consisting of more than 4 dwelling units. Such data shall include— The report under this subsection shall—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.

  • Amended byPub. L. 101-73(H.R. 1278)1989-08-09
    Financial Institutions Reform, Recovery, and Enforcement Act of 1989
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 102-550(H.R. 5334)1992-10-28
    Housing and Community Development Act of 1992
    House: 377–37Senate: no recorded tally
  • Amended byPub. L. 108-271(H.R. 2751)2004-07-07
    GAO Human Capital Reform Act of 2004
    House: 382–43Senate: no recorded tally
  • Amended byPub. L. 110-289(H.R. 3221)2008-07-30
    Housing and Economic Recovery Act of 2008