HR 3420
98th Congress
House
Housing and Community Development
Housing and Housing Finance
Housing finance
Mortgage loans
Mortgages
Secondary Mortgage Market Equity Act of 1983
Introduced: June 27, 1983
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 1983
Referred to Subcommittee on Housing and Community Development.
Jun 27, 1983
Referred to House Committee on Banking, Finance and Urban Affairs.
Jun 27, 1983
Introduced in House
Plain-English 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.
What's happening now
Referred to Subcommittee on Housing and Community Development.
Committees of jurisdiction
2