A resolution relating to the need to balance the asset and liability structure of depository institutions to ensure a higher rate of return to small savers.
Expresses the sense of the Senate that if depository institutions are permitted to offer market-sensitive rates of return on savings instruments, such institutions should be able to offer mortgage loans which may vary to reflect fluctuations in market interest rates and conditions.
Introduced in Senate
Referred to Senate Committee on Banking, Housing and Urban Affairs.
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