American Dream Act

Summary

American Dream Act - Amends the Home Owners' Loan Act of 1933 to authorize Federal savings and loan associations to make and invest in graduated payment mortgages and reverse annuity mortgages. Directs the Federal Home Loan Bank Board to consider consumer safeguards in adopting regulations allowing the making of and investment in such mortgages.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 January 1978

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

2. 30 January 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 January 1978

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 30 January 1978

  Open at official source

Sponsors

• Rep. Annunzio, Frank [D-IL-11] · D · Sponsor
• · hsba00 · Standing

Related records

• related to ← American Dream Act
• related to ← American Dream Act