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HR 1360 115th Congress House

Seller Finance Enhancement Act

Official title: To exempt small seller financers from certain licensing requirements.

Introduced: June 1, 2018 Introduced by: Williams, Roger Republican · Texas See on congress.gov
Housing and Community Development Banking and financial institutions regulationCongressional oversightGovernment studies and investigationsHousing finance and home ownership
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Licensing and registrationsReal estate business
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2017
Referred to the House Committee on Financial Services.
Mar 2, 2017
Introduced in House
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 Latest action March 2, 2017

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Seller Finance Enhancement Act

This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to exempt from certain licensing and registration requirements a person (other than a depository institution) that: (1) originates not more than 24 residential mortgage loans in a 12-month period, and (2) originates residential mortgage loans only with respect to property owned by the person.

The Department of Housing and Urban Development and the Department of the Treasury shall jointly study and report to Congress on specified issues related to seller financing.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 17
All 17 Democratic 2 Republican 7
D
Gonzalez, Vicente
Texas · Jun 1, 2018
Hunter, Duncan
· Apr 16, 2018
Rokita, Todd
· Jan 17, 2018
Bishop, Mike
· Jan 10, 2018
 R
Budd, Ted
North Carolina · Oct 24, 2017
 R
Latta, Robert E.
Ohio · Oct 24, 2017
Ratcliffe, John
· Oct 10, 2017
Mitchell, Paul
· Sep 14, 2017
 R
Bacon, Don
Nebraska · Sep 5, 2017
 R
Graves, Sam
Missouri · Sep 5, 2017
SMITH, LAMAR
· Jul 25, 2017
 R
Babin, Brian
Texas · Jun 21, 2017
Pittenger, Robert
· Jun 21, 2017
CULBERSON, JOHN
· Apr 25, 2017
 R
Emmer, Tom
Minnesota · Apr 6, 2017
 R
Barr, Andy
Kentucky · Mar 2, 2017
 D
Cuellar, Henry
Texas · Mar 2, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1360: Seller Finance Enhancement Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-1360/
MLA
"H.R. 1360: Seller Finance Enhancement Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-1360/.
Bluebook (legal)
H.R. 1360, 115th Cong. (2026), https://openamerica.io/bill/115-HR-1360/.
Markdown link
[H.R. 1360: Seller Finance Enhancement Act](https://openamerica.io/bill/115-HR-1360/)
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