Amendment required federal regulatory agencies to disclose the ratings and evaluations given banks and thrifts under the Community Reinvestment Act. It also required mortgage lenders to disclose the number of mortgage applications they receive grouped according to race, income and gender, and the number of applications approved by the same categories.

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Amendment Number
65
Description
Amendment required federal regulatory agencies to disclose the ratings and evaluations given banks and thrifts under the Community Reinvestment Act. It also required mortgage lenders to disclose the number of mortgage applications they receive grouped according to race, income and gender, and the number of applications approved by the same categories.
Purpose
An amendment to require federal regulatory agencies to disclose the ratings and evaluations given banks and thrifts regarding lending to the communities they serve. The amendment would also require mortagage lenders to disclose the number of applications they receive by race, income and gender, and the number of applications approved by the same categories.
Congress
101
Type
HAMDT
Latest Action Date
Jun 15, 1989
Latest Action Text
On agreeing to the Kennedy amendment (A009) Agreed to by recorded vote: 214 - 200 (Roll no. 91).
Latest Action Time
19:19:11
Submitted Date
Jun 15, 1989
Chamber
House of Representatives
Update Date
Jul 10, 2021
Amendment 65 — Informed