Amendment establishes specific guidelines for determining the existence of financial institutions that employ discriminatory lending practices in issuing mortgages. Under the amendment Fannie Mae and Freddie Mac are prohibited from doing business with such institution.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Waters amendment (A006) Agreed to by voice vote.

Records

Official amendment HAMDT 303 (102nd) from United States at United States Congress. Status: On agreeing to the Waters amendment (A006) Agreed to by voice vote..

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Related records

amends → Government-Sponsored Housing Enterprises Financial Safety and Soundness Act of 1991

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/amendment/102nd-congress/hamdt-303
Open data entity: https://api.congress.gov/v3/amendment/102/hamdt/303
us · 102-hamdt-303 · source updated 7 June 2021