To amend the Truth in Lending Act to clarify the exclusion for seller-financers from the definition of mortgage originator, and for other purposes.

United States115th CongressHR-5287House of Representatives
Updated: Mar 14, 2018

Summary

Preserving Access to Rural Installment Transactions for Years Act of 2018 or the PARITY Act of 2018 This bill amends the Truth in Lending Act to revise the definition of a mortgage originator for the purposes of compliance with registration, compensation, and other requirements under that Act.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.

    House of Representatives

  2. Referred to the House Committee on Financial Services.

    House of Representatives

  3. Introduced in House

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