Bill116th CongressFiled Jan 15, 2020Finance and Financial Sector
H.R. 5614
Affordable Homeownership Access Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 15, 2020)
Affordable Homeownership Access Act
This bill exempts from certain mortgage licensing and registration requirements a person (other than a depository institution) who engages in seller financing. Seller financers (1) originate a limited number of mortgage loans in a year that are each under a certain value, and (2) only originate mortgages with respect to property owned by the seller financer.
What just happenedJan 15, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Gonzalez, Vicente [D-TX-15](D-TX)Sponsor
6 cosponsors1 D5 R
6cosponsors1committees3actions7subjects
- Introduced in HouseJan 15, 2020
- Jan 15, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 15, 2020IntroReferralIntro-H
Introduced in House
- Jan 15, 2020IntroReferral1000
Introduced in House