H.R.4395: Real Estate Transaction Privacy Promotion Act

About This Bill

Bill Summary

Real Estate Transaction Privacy Promotion Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit a creditor from requiring a borrower to furnish (through a copy of Internal Revenue Service Form 4506) open-ended access to such borrower's tax records as a condition of making a federally related mortgage loan, unless the form: (1) is fully completed before signing by the borrower; (2) specifically requests tax information for...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
Aug. 4, 1998

Introduced in the House by Lynn N. Rivers (D-Mich.)

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