Congress: 97th

Sponsor: Representative Mottl, Ronald M. (05/07/1981)

Committees: House - Banking, Finance, and Urban Affrs

Description: A bill to amend the Home Owners' Loan Act of 1933 to provide that a Federal savings and loan association may not offer a mortgage with a variable interest rate to any person unless such association also offers such person a mortgage with a fixed interest rate.

Lastest Action: 05/15/1981 Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.  (All Actions)

Official: H.R.3501 -- 97th Congress