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United States · Bill · HR

H.R. 1360 (115th)

Seller Finance Enhancement Act

referredUnited States· United States Congress· EN

Introduced

2 March 2017

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

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.

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3 official files

Introduced in House (text)

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