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United States · Bill · HR

H.R. 11751 (95th)

A bill to authorize the Federal Home Loan Bank Board to allow Federal savings and loan associations to issue reverse annuity mortgage instruments.

referredUnited States· United States Congress· EN

Introduced

22 March 1978

Last action

22 March 1978 · Introduced

Status

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

Sponsors

Rep. Milford, Dale [D-TX-24]

Subjects

Housing

Source updated

1 August 2024

Housing

Summary

Amends the Home Owners' Loan Act of 1933 to authorize Federal savings and loan associations to make and invest in 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. 22 March 1978

    Introduced

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

    Source: IntroReferral

  2. 22 March 1978

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 22 March 1978

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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