An amendment to prohibit guaranty agencies from paying lenders endorsements to secure designation of that guaranty agency for purposes of ensuring the loan.

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Amendment Number
488
Description
An amendment to prohibit guaranty agencies from paying lenders endorsements to secure designation of that guaranty agency for purposes of ensuring the loan.
Purpose
Amendment prohibits guaranty agencies from paying lenders endorsements to secure designation of that guaranty agency for purposes of ensuring the loan.
Congress
102
Type
HAMDT
Latest Action Date
Mar 26, 1992
Latest Action Text
On agreeing to the Coleman (MO) amendment (A042) Agreed to by voice vote.
Latest Action Time
18:08:31
Submitted Date
Mar 26, 1992
Chamber
House of Representatives
Update Date
Jun 7, 2021
Amendment 488 — Informed