Affordable Homeownership Access Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Aug 2021
Committee Review
Floor Vote
President
Introduced Aug 13, 2021
Last action Aug 13, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Aug 13, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Aug 13, 2021
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Vicente Gonzalez
DDemocratic
Co
Andy Barr
RRepublican
Co
Henry Cuellar
DDemocratic
Co
Ted Budd
RRepublican
Co
Tom Emmer
RRepublican
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