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United States · Bill · HR

H.R. 10975 (95th)

Mortgage Assistance and Equity Recovery Act

referredUnited States· United States Congress· EN

Introduced

15 February 1978

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Mortgage Assistance and Equity Recovery 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.

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Documents

1 official file

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Sources

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