Angelo Saviano
- Republican
Creates the Mortgage Lender's Closing Duties Act. Prohibits residential mortgage lenders and investors who receive notice of the time, date, and location of a closing from failing to provide the escrow closer with the necessary loan documents and funds. Imposes fines for violations of the Act and prohibits lenders and investors from passing on those fines as lending fees. Applies to the closing of owner occupied real property for one to 4 families.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 1 Filed with Clerk by Rep. Angelo Saviano
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Judiciary I - Civil Law Committee; 014-000-000
Assigned to Judiciary I - Civil Law Committee
Added Chief Co-Sponsor Rep. Sidney H. Mathias
Filed with the Clerk by Rep. Angelo Saviano
Referred to Rules Committee
First Reading
Bill Text Versions | Format |
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Introduced | HTML |
Document | Format |
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House Amendment 001 |
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