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United States · Bill · S

S. 2130 (98th)

Secondary Mortgage Market Equity Act

openUnited States· United States Congress· EN

Introduced

17 November 1983

Last action

Status

Committee on Banking requested executive comment from HUD.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

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.

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Documents

1 official file

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Sources

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