Section 34FA of the Act of 1997 is amended, in subsection (1) -

(a) by the substitution of "credit servicing within the meaning of subparagraph (i), (ii)(III)(I) or (ii)(III)(J), as the case may be, of paragraph (a) of the definition of 'credit servicing'" for "credit servicing within the meaning of paragraph (a), (b)(iii)(IX) or (b)(iii)(X), as the case may be, of the definition of 'credit servicing'", and

(b) in paragraph (b), by the substitution of "within the meaning of clauses (I), (II) and (III)(A) to (H) of subparagraph (ii) and subparagraph (iii) of paragraph (a) of the definition of 'credit servicing'" for "within the meaning of subparagraphs (i), (ii) and (iii)(I) to (VIII) of paragraph (b) and paragraph (c) of the definition of 'credit servicing'".