HR 3464
118th Congress
House
Finance and Financial Sector
Affordable Homeownership Access Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 18, 2023
Referred to the House Committee on Financial Services.
May 18, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1