Summary: S.607 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for S.607. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/26/1987)

Amends the National Housing Act to limit the Government National Mortgage Association mortgage guarantee fee to six basis points.

Sets administrative fees at September 1, 1985, levels, except that they may be increased to cover increased administrative costs.