PUBLIC LAW 102-550—OCT. 28, 1992 106 STAT. 3873

"(I) examine the feasibility of expanding and establish-
ing standards governing manufactured home sales includ-
ing 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-Gonzalez 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 Commission 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.

M(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 Gen-
eral Schedule pay rates.

"(C) LIMITATION.—This paragraph shall be effective
only to the extent amounts are made available in appropria-
tion 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:

"(j) The Secretary shall develop a new standard for hardboard
panel siding on manufactured housing taking into account durabil-
ity, longevity, consumer's costs for maintenance and any other
relevant information pursuant to subsection (f). The Secretary 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. REAL 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 "broker," the following: "the
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),".