Congress: 105th

Sponsor: Representative Hansen, James V. (02/05/1997)

Committees: House - Banking and Financial Services

Description: An Act to amend the National Housing Act to prevent the funding of unnecessary or excessive costs for obtaining a home equity conversion mortgage, to require automatic cancellation and notice of cancellation rights with respect to private mortgage insurance required as a condition for entering into a residential mortagage transaction, to abolish the Thrift Depositor Protection Oversight Board, and for other purposes.

Lastest Action: 01/27/1998 Message on Senate action sent to the House.  (All Actions)

Official: H.R.607 -- 105th Congress