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HOUSE 6933118th CongressSponsor introductory remarks on measure. (CR H67-68)

Expanding Access to Lending Options Act

Last Action
1/11/2024

Actions

  • 2024-01-11Sponsor introductory remarks on measure. (CR H67-68)
  • 2024-01-10Referred to the House Committee on Financial Services.
  • 2024-01-10Introduced in House
  • 2024-01-10Introduced in House

CRS Summary

As of 2024-01-10 (00)

Expanding Access to Lending Options Act

This bill allows the National Credit Union Administration Board to increase the federal credit union loan maturity cap from 15 to 20 years. It also removes as a requirement for a mortgage from a credit union that a property must be a credit union member's principal residence.

Cosponsors (10)

  • Juan Vargas (D-CA)
  • Young Kim (R-CA)
  • BRAD SHERMAN (D-CA)
  • William Timmons (R-SC)
  • Daniel Meuser (R-PA)
  • Salud Carbajal (D-CA)
  • Chuck Edwards (R-NC)
  • Jimmy Panetta (D-CA)
  • Wiley Nickel (D-NC)
  • Nicole Malliotakis (R-NY)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.