Bill Text | History of Actions | Amendments | Background | Title |
Description: Mortgage lenders; require notice to mortgagers upon assignment of mortgage.
Bill Text: [Introduced] [Passed House]
1 | 01/17 (H) Referred To Banks and Banking | |
2 | 01/28 (H) Title Suff Do Pass | |
3 | 02/04 (H) Passed | |
4 | 02/04 (H) Motion to Reconsider Entered | |
5 | 02/11 (H) Reconsidered | |
6 | 02/11 (H) Amended | |
7 | 02/11 (H) Passed As Amended | |
8 | 02/13 (H) Transmitted To Senate | |
9 | 02/14 (S) Referred To Business and Financial Institutions | |
10 | 03/04 (S) Died In Committee |
Adopted | [H] | Amendment No 1 |
Effective date | July 1, 2003 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority |
House Committee:
Senate Committee:
Principal Author: Ward
Title: AN ACT TO REQUIRE A MORTGAGE LENDER WHO ASSIGNS HIS INTEREST IN A MORTGAGE TO ANOTHER TO GIVE WRITTEN NOTICE TO THE MORTGAGOR OF THE ASSIGNMENT WITHIN FIFTEEN DAYS OF THE ASSIGNMENT; TO PRESCRIBE THE INFORMATION THAT MUST BE CONTAINED IN THE NOTICE; TO PROHIBIT A MORTGAGE LENDER WHO FAILS TO GIVE THE NOTICE FROM COLLECTING LATE FEES, SERVICE CHARGES OR ADDITIONAL INTEREST ON THE OUTSTANDING LOAN BALANCE; AND FOR RELATED PURPOSES.
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2003/html/History/HB/HB0885.htm