; and (III) by striking clause (v); (iii) in section 1339(b)— (I) by striking paragraph (1); (II) by striking the dash after consist of and inserting the text of paragraph (2) and a period; and (III) by striking paragraph (2); and (iv) in section 1345 ( 12 U.S.C. 4585 ), by striking subsection (f). 104. Modifications to increases in conforming loan limits (a) Fannie Mae Section 302(b)(2) of the Federal National Mortgage Association Charter Act ( 12 U.S.C. 1717(b)(2) ) is amended— (1) in the 8th sentence— (A) in inserting or subtracting from after adding to ; and (B) by inserting or decrease, respectively before the first comma; (2) by striking the 9th and 10th sentences; (3) by striking the last sentence; (4) by inserting (A) after the paragraph designation; and (5) by adding at the end the following new subparagraph: (B) High-Cost areas (i) Maximum original principal limitation Subject to clause (ii), the limitations established pursuant to subparagraph (A) shall also be increased, with respect to properties of a particular size located in any area for which 115 percent of the median house price for such size residence exceeds the limitation under subparagraph (A) for such size residence, to the lesser of— (I) (aa) for the first year beginning after the date of the enactment of the Protecting American Taxpayers and Homeowners Act of 2018, the difference between— (AA) 150 percent of the limitation under subparagraph (A) for such size residence; and (BB) $20,000 in the case of a 1-family residence, $25,604 in the case of a 2-family residence, $30,950 in the case of a 3-family residence, and $38,463 in the case of a 4-family residence; (bb) for the second year beginning after the date of the enactment of the Protecting American Taxpayers and Homeowners Act of 2018, the difference between— (AA) 150 percent of the limitation under subparagraph (A) for such size residence