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United States · Bill · S

S. 607 (100th)

A bill to amend the National Housing Act to limit the fees that may be charged by the Government National Mortgage Association for the guaranty of mortgage-backed securities.

referredUnited States· United States Congress· EN

Introduced

26 February 1987

Last action

26 February 1987 · Introduced

Status

Read twice and referred to the Committee on Banking.

Sponsors

Sen. Cranston, Alan [D-CA], Sen. D'Amato, Alfonse [R-NY], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Heinz, John [R-PA], Sen. Dodd, Christopher J. [D-CT], Sen. Sarbanes, Paul S. [D-MD], Sen. Reid, Harry [D-NV], Sen. Sasser, Jim [D-TN], Sen. Shelby, Richard C. [R-AL], Sen. Gore, Albert, Jr. [D-TN], Sen. Dixon, Alan J. [D-IL], Sen. Chiles, Lawton [D-FL], Sen. DeConcini, Dennis [D-AZ], Sen. Durenberger, Dave [R-MN], Sen. Inouye, Daniel K. [D-HI], Sen. Garn, E. J. (Jake) [R-UT], Sen. Burdick, Quentin N. [D-ND], Sen. Lautenberg, Frank R. [D-NJ], Sen. Kerry, John F. [D-MA], Sen. Bentsen, Lloyd M. [D-TX], Sen. Stevens, Ted [R-AK], Sen. Bumpers, Dale [D-AR], Sen. Weicker, Lowell P., Jr. [R-CT], Sen. Bingaman, Jeff [D-NM], Sen. Bond, Christopher S. [R-MO], Sen. Sanford, Terry [D-NC], Sen. Adams, Brock [D-WA], Sen. Graham, Bob [D-FL], Sen. Moynihan, Daniel Patrick [D-NY], Sen. Simon, Paul [D-IL], Sen. Boren, David L. [D-OK]

Subjects

Housing

Source updated

14 January 2025

Housing

Summary

Amends the National Housing Act to limit the Government National Mortgage Association mortgage guarantee fee to six basis points. Sets administrative fees at September 1, 1985, levels, except that they may be increased to cover increased administrative costs.

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

Timeline

  1. 26 February 1987

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 26 February 1987

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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