123STA T . 1 648PUBLIC LA W 111 – 22 —M A Y 2 0, 200 9(B)inpar a g rap h ( 2 ) — (i) in sub paragraph (B) , b y s t ri k ing ‘ ‘ o r ’ ’atth e en d; (ii) in subparagraph ( C ), by striking the period at the end and inserting ‘‘; or’’; and (iii) by adding at the end the f o l lo w ing new subparagraph
‘‘( D ) c ausing or participating in any of the v iolations set forth in paragraph ( 1 ) of this subsection . ’’; and (C)bya m ending paragraph ( 3 ) to read as follows: ‘‘(3) PROHIB I T IO NAG AIN S T M IS LE A D ING U SEO F FEDERAL ENTIT Y DESIGNATION.— T he S ecretary may impose a civil money penalty, as ad j usted from time to time, under subsection (a) foranyuseof‘ F ederal H ousing A dministration’, ‘Department of Housing and U rban Development’, ‘ G overnment N ational M ortgage Association’, ‘Ginnie Mae’, the acronyms ‘HUD’, ‘FHA’, or ‘GNMA’, or any official seal or logo of the Department of Housing and Urban Development, by any person, party, company, firm, partnership, or business, including sellers of real estate, closing agents, title companies, real estate agents, mortgage brokers, appraisers, loan correspondents, and dealers, e x cept as authori z ed by the Secretary.’’; and (2) in subsection (g), by striking ‘‘The term’’ and all that follows through the end of the sentence and inserting ‘‘For purposes of this section, a person acts knowingly when a person has actual knowledge of acts or should have known of the acts.’’. (g) EXP ANDED R E V IE W OF FHA MORTGAGEE APPLI C ANTS AND NEWLY APPROVED MORTGAGEES.—Not later than the expiration of the 3 - month period beginning upon the date of the enactment of this Act, the Secretary of Housing and Urban Development shall— (1) expand the existing process for reviewing new applicants for approval for participation in the mortgage insur- ance programs of the Secretary for mortgages on 1- to 4 -family residences for the purpose of identifying applicants who rep- resent a high risk to the Mutual Mortgage I nsurance Fund; and (2) implement procedures that, for mortgagees approved during the 12-month period ending upon such date of enact- ment— (A) expand the number of mortgages originated by such mortgagees that are reviewed for compliance with applicable laws, regulations, and policies; and (B) include a process for random reviews of such mort- gagees and a process for reviews that is based on volume of mortgages originated by such mortgagees. SEC.204 .E NHA NCE M EN TOFLIQU I D IT Y AND STA B ILITY OF INSU R ED DE P OSITORY INSTITUTIONS TO ENSURE A V AILABILITY OF CREDIT AND REDUCTION OF FORECLOSURES. (a) TEMPORARY INCREASE IN DEPOSIT INSURANCE EXTENDED.— Section 13 6 of the Emergency Economic Stabilization Act of 2 0 0 8 (12 U.S.C. 5 241) is amended— (1) in subsection (a)— (A) in paragraph (1), by striking ‘‘December 31, 200 9 ’’ and inserting ‘‘December 31, 2013’’; Procedu re s.12USC 1 708n o t e. D e a d li ne.
