An amendment to permit home buyers and lenders to negotiate interest rates on FHA insured loans. The amendment eliminates the requirement that Federal Housing Administration Rates (points) be set by law. (The amendment was reconsidered in a separate vote in the House).

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Amendment Number
222
Description
An amendment to permit home buyers and lenders to negotiate interest rates on FHA insured loans. The amendment eliminates the requirement that Federal Housing Administration Rates (points) be set by law. (The amendment was reconsidered in a separate vote in the House).
Congress
98
Type
HAMDT
Latest Action Date
Jul 13, 1983
Latest Action Text
Amendment Passed in Committee of the Whole by Recorded Vote: 225 - 200 (Record Vote No: 243).
Submitted Date
Jul 13, 1983
Chamber
House of Representatives
Update Date
Jun 30, 2021
Amendment 222 — Informed