Legislation
- Title
- Refinancing of First Mortgage Loans - Subordination
- Sponsored by
- Senator Klausmeier
- Status
- In the Senate - Withdrawn by Sponsor
- Analysis
- Fiscal and Policy Note
Synopsis
Providing that a secondary mortgage loan, or a secondary lien, shall retain the same subordinate position with respect to a mortgage or deed of trust securing a refinanced loan without requiring the agreement to the refinancing of the lender of the secondary mortgage loan, or the credit grantor of the loan secured by the secondary lien, under specified circumstances; etc.
Committees
- Original:
- Judicial Proceedings
- Finance
Details
History
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Documents
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Date Posted | Document Name |
---|---|
1/30/2013 | Text - First - Refinancing of First Mortgage Loans - Subordination |
3/11/2013 | Vote - Senate - Committee - Judicial Proceedings |
File Code
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Subjects
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Statutes
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(
12-1001, 12-1010.1, 12-401, 12-408.1 )
Last Updated: 2/3/2020 2:27 PM