; (2) in subparagraph (A), by adding at the end the following new clause: (ii) The Association shall establish a fee of not less than 6 basis points for the guaranty of the timely payment of principal or interest on securities or notes based on or backed by mortgages described in clause (i), which shall be based on risks associated with issuer counterparties, market risks, and risk and cost of administering the program. The Association may adjust such fee annually but only to the extent necessary to conform such fee with such risks and costs and, before any such adjustment takes effect, shall submit to the Congress a report describing the justifications for the adjustment. ; (3) in subparagraph (B), by adding after the period at the end the following: The Association may adjust such fee annually but only to the extent necessary to conform such fee with such anticipated claims. ; (4) in subparagraph (C)— (A) by striking shall remain at the level set for such fees or charges as of September 30, 1985, except that ; (B) by striking increased and inserting adjusted pursuant subparagraph (D) (C) by inserting risk and before cost of administering ; and (D) by inserting or to the conditions of the market, after the program, ; and (5) in subparagraph (D)— (A) by striking increasing and inserting adjusting ; and (B) by striking increase and inserting adjustment