H.R. 691 · 112th Congress

Fairness in Lending Act of 2011

Stage
In committee
Introduced
2011-02-14
Latest action
2011-03-23 · Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Summary

Fairness in Lending Act of 2011 - 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.