HRES 803 · 96th Congress · Housing and Community Development
A resolution expressing the sense of the House of Representatives that the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation shall delay any enforcement of Due-on-Sale clauses until a date at least thirty days after the receipt by Congress of the Report of the Secretary of Housing and Urban Development.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking, Finance and Urban Affairs.(1980-10-01)
Plain Language Summary
[AI summary unavailable — showing source text]
Expresses the sense of the House of Representatives that the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation shall delay any enforcement of due-on-sale clauses until at least 30 days after receipt by Congress of the report of the Secretary of Housing and Urban Development on the effect of such clauses on the assumability of residential mortages.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (9)
3 Democrats6 Republicans