H.R. 3464 · 118th Congress
Affordable Homeownership Access Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BarrSponsor13 cosponsors · 3 D, 10 R
D
Cuellar
VG
D
Gonzalez
BP
R
Posey
TE
R
Emmer
BB
D
Boyle
BD
R
Donalds
BL
R
Luetkemeyer
PS
R
Sessions
EH
R
Houchin
BW
R
Wenstrup
MA
R
Alford
DH
R
Harshbarger
BW
R
Williams3 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 · May 18, 2023
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 (May 18, 2023): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 18, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.