of the Housing Act of 1949 ( 42 U.S.C. 1471(l) ). (2) Use Section 501 of the Housing Act of 1949 ( 42 U.S.C. 1471 ), as amended by the preceding provisions of this title, is further amended by adding at the end the following new subsection: (m) Use of FHA systems The Administrator and Deputy Administrator of the FHA, the Chief Risk Officer of the FHA, and the Chief Technology Officer of the FHA shall utilize the financial, underwriting, and operations systems of the FHA in carrying out all financial, underwriting, and operations functions with respect to the programs under this title for making, insuring, or guaranteeing housing loans. . 527. Procurement (a) In General The FHA shall establish an economical and results-oriented system for the procurement, supply, and disposition by the FHA of personal property and services, which shall include performance measures and standards for determining the extent to which the FHA’s procurement of property and services satisfies the objective for which the procurement was undertaken. The system shall be consistent with the principles of impartiality and competitiveness. (b) Exemption from Federal Property and Administrative Service Act Requirements Section 113(e) of title 40, United States Code, is amended— (1) in paragraph (19), by striking or at the end