12 U.S.C. § 1701z-7 : US Code - Section 1701Z-7: Studies to determine extent of need for counseling to mortgagors; report to Congress

Search 12 U.S.C. § 1701z-7 : US Code - Section 1701Z-7: Studies to determine extent of need for counseling to mortgagors; report to Congress

(a) In carrying out activities under section 1701z-1 of this
title, the Secretary is directed to undertake programs of studies
and demonstrations within at least three standard metropolitan
statistical areas to determine the extent of need for and cost
effectiveness of providing pre-purchase, default and delinquency
counseling and related services to owners and purchasers of single-
family dwellings insured or to be insured under the unsubsidized
mortgage insurance programs of the National Housing Act [12 U.S.C.
1701 et seq.].
(b) Within one year from August 3, 1976, the Secretary shall
submit an interim report to the Congress with respect to the
progress made under such studies and demonstrations, including an
estimate as to the date when a final report on the results of such
demonstrations will be made available to the Congress.