A bill to extend the authority for the flexible regulation of interest rates on deposits and share accounts in depository institutions, to extend the National Commission on Electronic Fund Transfers, and to provide for home mortgage disclosure.

[AI summary unavailable — showing source text] Title I: Regulation of Interest Rates - Directs the Board of Governors of the Federal Reserve System, the Board of Directors of the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board to maintain an interest rate differential of at least one-fourth of 1 percent, and to take no action to eliminate or lessen any such differential, which is in existence on the date of enactment of this Act with respect to any category of accounts between: (1) any bank (other than a savings bank) the deposits of which are insured by the Federal Deposit Insurance Corporation, and (2) any savings and loan, building and loan, or homestead association (including cooperative banks) the deposits or accounts of which are insured by the Federal Savings and Loan Insurance Cooperation or any savings bank the deposits or accounts of which are insured by the Federal Deposit Insurance Corporation, except that such financial regulatory agencies may, upon a finding of competitive disadvantage, lessen or climinate the differential for selected geographic areas and by category accounts. Prohibits the reduction of an interest rate differential by any bank whose deposits are Federally insured unle…