legislation: 96-hr-7510

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
96-hr-7510 96 hr 7510 A bill to provide that the interest rate on mortgages secured by one-to four-family residences and insured under title II of the National Housing Act or guaranteed under chapter 37 of title 38, United States Code, be negotiated between the borrower and lender, and that lenders may not charge discount points on such mortgages in excess of their acquisition costs. Housing and Community Development 1980-06-05 1980-06-05 Referred to House Committee on Veterans' Affairs. House Rep. Mattox, James A. [D-TX-5] TX D M000260 0 Amends the National Housing Act to direct that the interest rate on mortgages secured by one- to four-family residences and insured or guaranteed under specified Federal laws, be negotiated between borrower and lender. Prohibits lenders from charging discount points on such mortgages in excess of their acquisition costs. 2024-02-07T16:12:44Z  

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