2007 Regular Session

HOUSE BILL 845

File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegate Simmons
Entitled:
Mortgage Lenders - Final Mortgage Payment - Notice to Borrower

Synopsis:

Requiring specified mortgage lenders that receive payments from a borrower on a mortgage loan that includes escrowed items to send a specified notice to the borrower at a specified time; requiring the notice to be in writing and sent in a specified manner; etc.

History by Legislative and Calendar Date

House Action
2/9
First Reading Economic Matters
2/21
Hearing 3/6 at 1:00 p.m.
3/22
Unfavorable Report by Economic Matters
Senate Action
No Action

Bill indexed under the following Subjects:

Escrow Accounts
Mortgages
Notices

Bill affects the following Statutes:

Commercial Law
( 12-109.3 , 12-1026.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered