File Code: Financial Institutions
- Sponsored By:
-
Senator Bromwell
- Entitled:
-
Commercial Law - Mortgage Loan Settlement Fees for Photocopying and
Electronic Facsimile Transmittal Services - Actual Costs
Prohibiting a lender or credit grantor from imposing settlement fees
on borrowers of first or second residential mortgage loans for
photocopying and electronic facsimile transmittal services that are
more than the actual cost incurred by the lender, credit grantor,
settlement attorney, or title insurance company that performs the
photocopying or electronic facsimile transmittal services.
Senate Action
- 2/5
- First Reading Finance
- Hearing 2/23 at 1:00 p.m.
- 3/1
- Unfavorable Report by Finance
House Action
- No Action
- Bill indexed under the following Subjects:
- FACSIMILE TRANSMISSION
- FEES -see also- DEVELOPMENT FEES AND TAXES
- MORTGAGES
- SETTLEMENT PROCEDURES
- Bill affects the following Statutes:
- Commercial Law
- (
12-127 ,
12-411.1 ,
12-925 ,
12-1029
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
