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12 U.S.C. § 1716

Declaration of purposes of subchapter

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

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12 U.S.C. § 1716, Declaration of purposes of subchapter, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437784
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Full text

The Congress declares that the purposes of this subchapter are to establish secondary market facilities for residential mortgages, to provide that the operations thereof shall be financed by private capital to the maximum extent feasible, and to authorize such facilities to—

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 The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.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