H.R. 1268 · 111th Congress

To amend the Truth in Lending Act to prohibit issuance of residential mortgages to any individual who lacks a Social Security account number.

Stage
In committee
Introduced
2009-03-03
Latest action
2009-03-03 · Introduced in House

Summary

Amends the Truth in Lending Act to prohibit credit from being extended in any consumer credit transaction in which a security interest will be retained or acquired in property located within the United States which will be used as the consumer's principal residence if such consumer lacks a Social Security account number.