Each adjustment shall be made by contributing to each such quantity (as it might have been previously changed) a portion thereof equal to the portion boost, during the most current 12-month or 4 ending before the time of determining such annual adjustment, in the housing cost index maintained by the Director of the Federal Housing Finance Agency (pursuant to section 4542 of this title). If the modification in such house price index throughout the most current 12-month or 4-quarter period ending before the time of identifying such yearly adjustment is a decline, then no adjustment will be made for the next year, and the next change will consider previous decreases in your home rate index, so that any modification shall reflect the net change in your home price index considering that the last adjustment. Declines in your house rate index shall be accumulated and then lower boosts until subsequent increases exceed previous declines.” for “Such limitations will not surpass $93,750 for a mortgage protected by a single-family home, $120,000 for a mortgage secured by a two-family house, $145,000 for a mortgage secured by a three-family house, and $180,000 for a mortgage protected by a four-family house, except that such optimum restrictions shall be changed efficient January 1 of each year beginning with 1981. Each such change will be made by including to each such quantity (as it may have been formerly changed) a portion thereof equal to the percentage increase throughout the twelve-month duration ending with the previous October in the nationwide average one-family house price in the month-to-month study of all major lending institutions conducted by the Federal Housing Finance Board.” and inserted last sentence.

1998-Subsec. (a)( 2 ). Pub. L. 105-276, § 582(a)( 14 ), set out penultimate sentence which checked out as follows: “With regard to mortgages protected by residential or commercial property making up five or more family house units, such restrictions shall not exceed 125 per centum of the dollar amounts stated in section 207©( 3) of the National Housing Act, except that such restrictions may be increased by the Corporation (taking into account building expenses) to not to surpass 240 per centum of such dollar quantities in any geographical area for which the Secretary of Housing and Urban Development figures out under such area that cost levels need any increase in the dollar quantity constraints under such section.”

Pub. L. 105-276, § 202(a), which directed the modification of the first sentence of par. (2) by starting out “or” at end of cl. (B) and replacing “