1996 Regular Session

HOUSE BILL 896

File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegate La Vay
Entitled:
Credit Regulation - Mortgage Brokers - Fees

Synopsis:

Authorizing a mortgage broker to charge a borrower as part of a loan application fee for the actual cost of any lock-in fees paid by the mortgage broker on behalf of the borrower in connection with the loan.

Legislative History

House Action
2/2
First Reading Commerce and Government Matters
2/7
Hearing 2/27 at 1:15 p.m.
3/4
Unfavorable Report by Commerce and Government Matters
Senate Action
No Action
Bill indexed under the following Subjects:
AGENTS AND BROKERS
FEES -see also- DEVELOPMENT FEES AND TAXES
LOANS
MORTGAGES
Bill affects the following Statute:
Commercial Law
( 12-804 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None available