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Self-Employed Mortgage Access Act of 2019
2/8/2022, 11:19 PM
Congressional Summary of HR 2445
Self-Employed Mortgage Access Act of 2019
This bill allows creditors to use certain alternative standards when evaluating an applicant's ability to pay for purposes of obtaining a home mortgage.
Read the Full Bill
Current Status of Bill HR 2445
Bill HR 2445 is currently in the status of Bill Introduced since May 1, 2019. Bill HR 2445 was introduced during Congress 116 and was introduced to the House on May 1, 2019. Bill HR 2445's most recent activity was Committee Consideration and Mark-up Session Held. as of December 10, 2019
Bipartisan Support of Bill HR 2445
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
8Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2445
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Administrative law and regulatory procedures
- Consumer Financial Protection Bureau
- Consumer credit
- Housing finance and home ownership
Alternate Title(s) of Bill HR 2445
Self-Employed Mortgage Access Act of 2019
To provide minimum standards for transactions secured by a dwelling, and for other purposes.
Self-Employed Mortgage Access Act of 2019
Comments
Sponsors and Cosponsors of HR 2445
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