S.540: Self-Employed Mortgage Access Act of 2019

About This Bill

Bill Sponsor

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

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.

(Source: Congressional Research Service)

Bill Actions

Date Description
Feb. 25
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 25

Introduced in the Senate by Mark Warner (D-Va.)

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