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Legislation


2010 Regular Session

HOUSE BILL 1399

File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegates Lafferty and Stein
Entitled:
Residential Mortgage Loans - Required Notice of Housing Counseling Programs and Services

Synopsis:

Requiring a lender, under specified circumstances, to provide to a borrower a specified written notice regarding home buyer education or housing counseling in connection with specified mortgage loans; requiring the Department of Housing and Community Development to provide and maintain specified information; prohibiting a lender from closing on a mortgage loan unless the lender has provided the borrower with the required notice; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/18
First Reading Economic Matters
Hearing 3/11 at 1:00 p.m.
3/25
Favorable with Amendments Report by Economic Matters
3/23
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (137-1)
4/7
House Concur - Senate Amendments
Third Reading Passed (136-0)
Passed Enrolled
Senate Action
3/26
First Reading Finance
3/31
Hearing 4/7 at 1:00 p.m.
4/9
Favorable with Amendments Report by Finance
4/6
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/7
Third Reading Passed with Amendments (47-0)
Action after passage in House and Senate
5/20
Approved by the Governor
- Chapter 736

Sponsored by:

Delegate Stephen W. Lafferty, District 42
Delegate Dana Stein, District 11

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices
Counselors -see also- Social Workers
Education -see also- Driver Ed; Higher Ed; Special Ed; etc
Housing and Community Development, Department of
Housing -see also- Apartments; Condominiums; Mobile Homes
Mortgages
Notices
Rules and Regulations
Settlement Procedures

Bill affects the following Statutes:

Commercial Law
( 12-124.1 , 12-311 , 12-1029 , 12-1201 , 12-1202 , 12-1203 , 12-1204 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
House
Number: 973290/01     Offered on: March 25, 2010   at: 10:22 a.m.     Status: Adopted
Senate
Number: 437974/01     Offered on: April 10, 2010   at: 2:19 p.m.     Status: Adopted
Committee Votes :
House
Economic Matters
Senate
Finance
Roll Call Votes (Legislative dates are shown):
House
March 24, 2010: Third Reading Passed (137-1)
April 7, 2010: Third Reading Passed (136-0)
Senate
April 7, 2010: Third Reading Passed (47-0)
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