To amend the Truth in Lending Act to prohibit issuance of residential mortgages to any individual who lacks a Social Security account number.
Last action on Apr 12, 2007Referred to the Subcommittee on Financial Institutions an...
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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.
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