Secondary Mortgage Market Equity Act

Summary

Secondary Mortgage Market Equity Act - Amends the Federal Home Loan Mortgage Corporation Act and the Federal National Mortgage Association Charter Act to set forth a formula for increasing the maximum mortgage limitation for a one- to four- family residence in certain areas where high prevailing housing sales prices have limited housing opportunities.

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

Timeline

1. 17 November 1983

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 17 November 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 8 December 1983

   Committee

   Committee on Banking requested executive comment from HUD.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in Senate

  summary · EN · 17 November 1983

  Open at official source

Sponsors

• Sen. Wilson, Pete [R-CA] · R · Sponsor
• Sen. Cranston, Alan [D-CA] · D · Sponsor
• Sen. Hawkins, Paula [R-FL] · R · Sponsor
• Sen. Riegle, Donald W., Jr. [D-MI] · D · Sponsor
• · ssbk00 · Standing

Related records

• related to → Secondary Mortgage Market Equity Act of 1983