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