HR 8154 · 94th Congress · Mortgages

Mortgage Disclosure Act

Introduced 1975-06-23· Sponsored by Rep. Russo, Martin A. [D-IL-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Currency and Housing.(1975-06-23)

Plain Language Summary

[AI summary unavailable — showing source text] Mortgage Disclosure Act - Requires each financial institution which makes federally related mortgage loans to compile and make available to the public for inspection and copying at each office of that institution specified information concerning real estate loans, and savings accounts. Directs the Federal Reserve Board to prescribe such regulations as may be necessary to carry out the purposes of this Act. Requires the Federal Trade Commission to enforce the requirements imposed under this Act unless such enforcement is specifically charged to some other Government agengy.…

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