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United States · Bill · HR

H.R. 5614 (116th)

Affordable Homeownership Access Act

referredUnited States· United States Congress· EN

Introduced

15 January 2020

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

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 seller financing. Seller financers (1) originate a limited number of mortgage loans in a year that are each under a certain value, and (2) only originate mortgages with respect to property owned by the seller financer.

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Documents

3 official files

Introduced in House (text)

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Sources

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