Self-Employed Mortgage Access Act of 2018 This bill allows creditors to use certain alternative standards when evaluating an applicant's ability to pay for purposes of obtaining a home mortgage.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Administrative law and regulatory proceduresConsumer creditConsumer Financial Protection BureauHousing finance and home ownership
A bill to provide minimum standards for transactions secured by a dwelling, and for other purposes.
USA115th CongressS-3401| Senate
| Updated: 8/28/2018
Self-Employed Mortgage Access Act of 2018 This bill allows creditors to use certain alternative standards when evaluating an applicant's ability to pay for purposes of obtaining a home mortgage.