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2017 Regular Session



Maryland Mortgage Lender Law - Mortgage Lender - Definition

Sponsored by:

Delegate Sydnor


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
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
Statutes:Article - Financial Institutions

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November 28, 2017 1:01 P.M.