Notwithstanding any other provision of this subchapter, no mortgage or loan shall be insured under any section of this subchapter after except pursuant to a commitment to insure issued on or before such date.
June 27, 1934, ch. 847Aug. 2, 1954, ch. 64968 Stat. 609(, title VI, § 612, as added , title I, § 127, .)