Credit Union Residential Loan Parity Act
This bill amends the Federal Credit Union Act to allow a credit union to extend a member business loan with respect to a one- to four-family dwelling, regardless of whether the dwelling is the member's primary residence. Under current law, a member business loan may be extended with respect to such a dwelling only if it is the member's primary residence.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2017-01-10 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2017-01-10 | IntroReferral | Introduced in House | Library of Congress |