A bill to amend the Homeowners' Loan Act of 1933 to authorize Federal savings and loan associations to reverse annuity mortgage loans.
Home owners' Equity Act - Amends the Home Owners' Loan Act of 1933 to direct the Federal Home Loan Bank Board to adopt regulations permitting Federal savings and loan associations to offer reverse annuity mortgage loans.
Introduced in Senate
Referred to Senate Committee on Banking, Housing and Urban Affairs.
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