HB0525

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Maryland Mortgage Lender Law - Mortgage Lender - Definition

Sponsored by:

Delegate Sydnor

Status:

In the House - Unfavorable Report by Economic Matters


Synopsis:Altering the definition of "mortgage lender" under the Maryland Mortgage Lender Law to include a specified assignee or successor of a person who makes a mortgage loan to any person and acquires the mortgage loan when the mortgage is in default and to exclude a specified licensee.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Sydnor
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2017
Committee(s):
Economic Matters  View Committee Hearing
Broad Subject(s):Financial Institutions
Commercial Law - Credit Regulation
Narrow Subject(s):Debt Collection -see also- Attachments and Garnishments
Financial Institutions -see also- Banks; Credit Unions; etc.
Loans -see also- Mortgages
Mortgages
Statutes:Article - Financial Institutions
(11-501)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


November 28, 2017 1:01 P.M.