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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 4542 Housing Price Index us united_states_code code_section 12 BANKS AND BANKING 46 GOVERNMENT SPONSORED ENTERPRISES 4542 12 U.S.C. § 4542 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s4542 data/legal/raw/us/code/title-12/usc12.xml 2cd62ec4682ae74e85a59e355e6e5a8b9cf33c3ac373badddd55d4214a30c829 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 8ff8ec52123862e6e65d26c1aa02bd82419884d8040a57cec3aec8cc5fe1e92a 2026-07-04 official
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12 U.S.C. § 4542 - Housing Price Index

Text

The Director shall establish and maintain a method of assessing the national average 1-family house price for use for adjusting the conforming loan limitations of the enterprises. In establishing such method, the Director shall take into consideration the monthly survey of all major lenders conducted by the Federal Housing Finance Agency to determine the national average 1-family house price, the House Price Index maintained by the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development before the effective date of the Federal Housing Finance Regulatory Reform Act of 2008, any appropriate house price indexes of the Bureau of the Census of the Department of Commerce, and any other indexes or measures that the Director considers appropriate.

(Pub. L. 102550, title XIII, § 1322, as added Pub. L. 110289, div. A, title I, § 1124(d), July 30, 2008, 122 Stat. 2693.)

Notes

Editorial Notes

References in TextThe effective date of the Federal Housing Finance Regulatory Reform Act of 2008, referred to in text, probably means the date of enactment of div. A of Pub. L. 110289, which was approved July 30, 2008.

Prior ProvisionsA prior section 4542, Pub. L. 102550, title XIII, § 1322, Oct. 28, 1992, 106 Stat. 3953, related to the Secretary of Housing and Urban Developments prior approval authority for new programs, prior to repeal by Pub. L. 110289, div. A, title I, § 1121(2), July 30, 2008, 122 Stat. 2689.