Skip to main content
HOUSE 3464118th CongressReferred to the House Committee on Financial Services.

Affordable Homeownership Access Act

Last Action
5/18/2023

Actions

  • 2023-05-18Referred to the House Committee on Financial Services.
  • 2023-05-18Introduced in House
  • 2023-05-18Introduced in House

CRS Summary

As of 2023-05-18 (00)

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.

Cosponsors (13)

  • Vicente Gonzalez (D-TX)
  • Bill Posey (R-FL)
  • Henry Cuellar (D-TX)
  • Tom Emmer (R-MN)
  • Brendan Boyle (D-PA)
  • Blaine Luetkemeyer (R-MO)
  • Byron Donalds (R-FL)
  • PETE SESSIONS (R-TX)
  • Erin Houchin (R-IN)
  • Brad Wenstrup (R-OH)
  • Mark Alford (R-MO)
  • Diana Harshbarger (R-TN)
  • Brandon Williams (R-NY)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.