2008 Regular Session

SENATE BILL 532

EMERGENCY BILL
File Code: Real Property Crossfiled with: HOUSE BILL 1035
Sponsored By:
Senator Muse
Entitled:
Prince George's County - Foreclosure - Subprime Mortgages - Moratorium

Synopsis:

Prohibiting a creditor from maintaining suit in an action to foreclose a deceptive subprime mortgage on residential real property in Prince George's County; establishing that a creditor may be liable for specified damages if the creditor fails to show to the satisfaction of the court that the mortgage is not a deceptive subprime mortgage; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
2/1
First Reading Judicial Proceedings
2/6
Hearing 2/27 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Civil Actions -see also- Small Claims
Consumer Protection -see also- Unfair Trade Practices
Financial Institutions -see also- Banks; Credit Unions; etc.
Foreclosure
Liability -see also- Good Samaritan
Mortgages
Prince George`s County
Sunset

Documents:

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