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

USA115th CongressHR-5287| House 
| Updated: 3/14/2018
Stevan Pearce

Stevan Pearce

Republican Representative

New Mexico

Cosponsors (2)
Denny Heck (Democratic)Scott R. Tipton (Republican)

Consumer Protection and Financial Institutions Subcommittee, Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jan 9, 2018
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
Mar 14, 2018
Introduced in House
Mar 14, 2018
Referred to the House Committee on Financial Services.
  • January 9, 2018
    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
  • March 14, 2018
    Introduced in House
  • March 14, 2018
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Consumer creditHousing finance and home ownershipLicensing and registrations

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

USA115th CongressHR-5287| House 
| Updated: 3/14/2018
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 9, 2018
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
Mar 14, 2018
Introduced in House
Mar 14, 2018
Referred to the House Committee on Financial Services.
  • January 9, 2018
    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
  • March 14, 2018
    Introduced in House
  • March 14, 2018
    Referred to the House Committee on Financial Services.
Stevan Pearce

Stevan Pearce

Republican Representative

New Mexico

Cosponsors (2)
Denny Heck (Democratic)Scott R. Tipton (Republican)

Consumer Protection and Financial Institutions Subcommittee, Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Consumer creditHousing finance and home ownershipLicensing and registrations