HR 4698 · 102th Congress · Finance and Financial Sector

To amend the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to authorize the Secretary of Housing and Urban Development to increase the amount of the maximum principal obligation under a mortgage that may be purchased by such corporations with respect to properties located in the Virgin Islands.

Introduced 1992-03-30· Sponsored by Del. de Lugo, Ron [D-VI-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Housing and Community Development.(1992-04-15)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to include the Virgin Islands among the areas where the maximum principal amount of a mortgage under such Acts may be increased.…

Summarized by Claude AI · Non-partisan · For informational purposes only