H.R. 5013 · 117th Congress
Affordable Homeownership Access Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
GonzalezSponsor4 cosponsors · 1 D, 3 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill exempts from certain mortgage licensing and registration requirements a person (other than a depository institution) who engages in owner financing. Owner financers (1) originate a limited number of residential mortgage loans in a year, and (2) only originate residential mortgages with respect to property owned by the owner financer.
What it does: CRS summary · Introduced in House · Aug 13, 2021
Affordable Homeownership Access Act
This bill exempts from certain mortgage licensing and registration requirements a person (other than a depository institution) who engages in owner financing. Owner financers (1) originate a limited number of residential mortgage loans in a year, and (2) only originate residential mortgages with respect to property owned by the owner financer.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Affordable Homeownership Access Act
Latest action (Aug 13, 2021): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Aug 13, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.