Mortgage Disclosure Act

[AI summary unavailable — showing source text] Title I: Regulation of Interest Rates - Extends the authority for the flexible regulation of interest rates on deposits and share accounts in depository institutions from December 31, 1975 to December 31, 1976. Title II: Electronic Fund Transfers - Prohibits Federal regulatory agencies from authorizing financial institutions to establish or expand any electronic funds transfer systems for 90 days after enactment of this Act. Directs the National Commission on Electronic Fund Transfers to review existing electronic fund transfer systems and applications for such and to make recommendations for monitoring such systems. Title III: Mortgage Disclosure - Mortgage Disclosure Act - Requires depository institutions to make available to the public the number and dollar amount of mortgage and real estate loans, and savings accounts: (1) that were outstanding at the end of the previous fiscal year; and (2) which were made or held during the year. Directs the Bureau of the Census to study the feasibility and practicality of the disclosure requirements of this Act in various geographical locations.…