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United States · Bill · HR

H.R. 3559 (101st)

Neighborhood Mortgage Lenders Accountability Act

referredUnited States· United States Congress· EN

Introduced

31 October 1989

Last action

Status

Referred to the Subcommittee on Housing and Community Development.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Neighborhood Mortgage Lenders Accountability Act - Amends the National Housing Act to prohibit basing mortgage costs and interest on loan amounts. Requires assessments of mortgagees' performances in meeting the lending needs of the community with respect to residential housing lending, and plans to remedy any deficiencies. Provides for standardization of mortgage servicing fees.

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Documents

2 official files

Introduced in House (text)

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Sources

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