; or (B) accepting the income described in paragraph (1) as payment on the covered mortgage loan. (c) Implementation Not later than 180 days after the date of enactment of this Act— (1) the Federal Housing Administration shall implement subsection (b)— (A) by notice or mortgagee letter for loans insured under title I, title II, or section 255 of the National Housing Act ( 12 U.S.C. 1702 et seq. , 1707 et seq., 1715z–20); and (B) by lender letter for loans guaranteed under section 184 or 184A of the Housing and Community Development Act of 1992 (12 U.S.C. 1715z–13a, 1715z–13b); (2) the Department of Veterans Affairs shall implement subsection (b) by circular or handbook for loans guaranteed, insured, or made by the Department; (3) the Department of Agriculture shall implement subsection (b) by bulletin for loans guaranteed or made by the Department; (4) the Federal Home Loan Mortgage Corporation shall implement subsection (b) by updating its Single-Family Seller/Servicer Guide for loans purchased or securitized by the Corporation; and (5) the Federal National Mortgage Association shall implement subsection (b) by updating its Single Family Selling Guide for loans purchased or securitized by the Association . ; and (6) each Federal Home Loan Bank shall implement subsection (b) by updating its selling guidelines for loans purchased. 10. Requirements for deposit accounts (a) Sense of Congress It is the sense of Congress that— (1) appropriate Federal banking agencies have a duty to ensure that the depository institutions supervised by those agencies— (A) are operating in a safe and sound manner; and (B) have processes and procedures in place to identify fraudulent or illegal activity, whether activity occurs at a depository institution or through vendors or customers with which a depository institution has a relationship; (2) the duty described in paragraph (1) rests on laws and regulations, not on personal beliefs or political motivations