Page:United States Statutes at Large Volume 104 Part 5.djvu/821

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PUBLIC LAW 101-625—NOV. 28, 1990 104 STAT. 4143 quarter ending more than 180 days after the date of the enactment of the Cranston-Gonzalez National Affordable Housing Act. "(b) CONTENTS. — "(1) MORTGAGE LENDER ANALYSIS. —Information collected under this section shall include, for each lender originating mortgages during the applicable collection period that are insured pursuant to section 203 and secured by property in a designated census tract, the following information with respect to such mortgages: "(A) The name of the lender and the number of each designated census tract in which the lender originated 1 or more such mortgages during the applicable collection period. "(B) The total number of such mortgages originated by such lender during the applicable collection period in each designated census tract and the number of mortgages originated each year in each designated census tract. "(C) The total number of defaults and foreclosures on such mortgages during the applicable collection period in each designated census tract and the number of defaults and foreclosures in each designated census tract in each year of the period. "(D) For each designated census tract, the percentage of such lender's total insured mortgages originated during each year of the applicable collection period (with respect to properties within such census tract) on which defaults or foreclosures have occurred during the applicable collection period. "(E) The total of all such originations, defaults, and foreclosures on insured mortgsiges originated by such lender during the applicable collection period for all designated census tracts and the percentage of the total number of such lender's insured mortgage originations on which defaults or foreclosures have occurred during the applicable collection period. "(2) OTHER INFORMATION.— Information collected under this section shall also include the following: "(A) For each lender referred to under paragraph (1), the total number of insured mortgages originated by the lender secured by properties not located in a designated census tract, the total number of defaults and foreclosures on such mortgages, and the percentage of such mortgages originated on which defaults or foreclosures occurred during the applicable collection period. (B) For each designated census tract, the total number of mortgages originated during the applicable collection period that are insured pursuant to section 203, the number of defaults and foreclosures occurring on such mortgages during such period, and the percentage of the total insured mortgage originations during the period on which defaults or foreclosures occurred. "(c) ANNUAL REPORTS.—The Secretary shall submit to the Congress annually a report containing the information collected and maintained under subsection (b) for the relevant year. "(d) DEFINITIONS.— For purposes of this section: "(1) APPLICABLE COLLECTION PERIOD. —The term 'applicable collection period' means the 5-year period ending on the last day