PUBLIC LAW 102-550—OCT. 28, 1992 106 STAT. 3873 "(I) examine the feasibility of expanding and establishing standeurds governing manufactured home sales including transportation and on-site set up; and"; and (3) by redesignating subparagraph (H) as subparagraph (J). (c) EXTENSION OF TERMINATION DATE. —Section 943(g) of the Cranston-Gonzalez National Affordable Housing Act is amended 104 Stat. 4413. by striking 'Upon the expiration of the 9 months following the appointment of all the members under subsection (c)" and inserting "on October 1, 1993". (d) STAFF. —Section 943(e) of the Cranston-Cionzalez National Affordable Housing Act (Public Law 101-625; 104 Stat. 44134) 104 Stat. 4413. is amended by adding at the end the following new paragraph: "(7) STAFF.— "(A) EXECUTIVE DIRECTOR. —The Commission shall appoint an executive director of the Conunission who shall be compensated at a rate fixed by the Commission, but which may not exceed the rate established for level V of the Executive Schedule under title 5, United States Code. "(B) PERSONNEL.— In addition to the executive director, the (Commission may appoint and fix the compensation of such personnel as the Commission deems advisable, in accordance with the provisions of title 5, United States Code, governing appointments to the competitive service, and the provisions of chapter 51 and subchapter III of chapter 53 of such title, relating to classification and General Schedule pay rates. "(C) LIMITATION.— This paragraph shall be effective only to the extent amounts are made available in appropriation Acts.". SEC. 907. MANUFACTURED HOUSING. Section 604 of the Housing and Community Development Act of 1974 (42 U.S.C. 5403) is amended by adding at the end the followingnew subsection:
- (]) The Secretary shall develop a new standard for hardboard
panel siding on manufactured housing taking into account durability, longevity, consumer's costs for maintenance and any other relevant information pursuant to subsection (0- The Secreta^ shall consult with the National Manufactured Home Advisory Council and the National Commission on Manufactured Housing in establishing the new standard. The new performance standard developed shall ensure the durability of hardboard sidings for at least a normal life of a mortgage with minimum maintenance required. Not later than 180 days from the date of enactment of this subsection, the Secretary shall update the standards for hardboard siding.". SEC. 908. SEAL ESTATE SETTLEMENT PROCEDURES ACT OF 1974. (a) APPLICABILITY TO MORTGAGE ORIGINATION. —Section 3(3) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2602(3)) is amended by inserting after'nproker," the following:'Hhe origination of a federally related mortgage loan (including, but not limited to, the taking of loan applications, loan processing, and the underwriting and funding of loans),".
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