HR 6729 · 94th Congress · Mortgages

A bill to prohibit the Federal Home Loan Bank Board from permitting Federal savings and loan associations to make home mortgage loans with variable interest rates except in special circumstances.

Introduced 1975-05-06· Sponsored by Rep. Rees, Thomas M. [D-CA-23]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Currency and Housing.(1975-05-06)

Plain Language Summary

[AI summary unavailable — showing source text] Prohibits the Federal Home Loan Bank Board from permitting Federal savings and loan associations to make home mortgage loans with varible interest rates except where authorized by State law or where the terms of such satisfy specified requirements.…

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