; and (B) in section 1005, by striking One-fifth and inserting One-fourth . (f) Reduction of surplus funds of Federal reserve banks (1) In general Section 7(a)(3)(A) of the Federal Reserve Act ( 12 U.S.C. 289(a)(3)(A) ) is amended by striking $7,500,000,000 and inserting $7,324,285,000 . (2) Effective date Paragraph (1) shall take effect on June 1, 2018. 409. Notice of junior mortgage or lien With respect to the dwelling of a borrower that serves as security for a securitized senior mortgage loan, if the borrower enters into any credit transaction that would result in the creation of a new mortgage or other lien on such dwelling, the creditor of such new mortgage or other lien shall notify the servicer of the senior mortgage loan of the existence of the new mortgage or other lien. 410. Limitation on mortgages held by loan servicers (a) Limitation Neither the servicer of a residential mortgage loan, nor any affiliate of such servicer, may own, or hold any interest in, any other residential mortgage loan that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on the same dwelling or residential real property that is subject to the mortgage, deed of trust, or other security interest that secures the residential mortgage loan serviced by the servicer. (b) Definitions For purposes of this section, the following definitions shall apply: (1) Affiliate The term affiliate has the meaning given such term under section 104(g) of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6701(g) ). (2) Residential mortgage loan The term residential mortgage loan means any consumer credit transaction that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling or on residential real property that includes a dwelling, other than a consumer credit transaction under an open end credit plan or an extension of credit relating to a plan described in section 101(53D) of title 11, United States Code. (3) Servicer The term servicer has the meaning provided such term in