SCONRES 45 · 94th Congress · Mortgages

A resolution reported relating to the authorizing of variable rate mortgages by the Federal Home Loan Bank Board.

Introduced 1975-06-03· Sponsored by Sen. Proxmire, William [D-WI]· Senate

Bill Progress

Introduced
Committee
Senate Vote
4
House
5
Enacted
Latest: Referred to House Committee on Banking, Currency and Housing.(1975-06-17)

Plain Language Summary

[AI summary unavailable — showing source text] Expresses the sense of the Congress that the Federal Home Loan Bank Board shall refrain from authorizing a Federal savings and loan association to offer loans with variable interest rates and secured by one - to four family homes or dwelling units unless authorized by Congress.…

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