To amend the Truth in Lending Act to clarify the exclusion for seller-financers from the definition of mortgage originator, and for other purposes.
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.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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