Steve E. Heretick
- Democratic
Deeds of trust; amendment to loan document; statement of interest rate of a refinanced mortgage. Provides that a deed of trust that has been recorded and that states that it secures indebtedness or other obligations under a loan document and that it also secures indebtedness or other obligations under such loan document as it may be amended, modified, supplemented, or restated shall secure such loan document as amended, modified, supplemented, or restated from time to time, without the necessity of recording an amendment to such deed of trust. The bill further requires that the interest rate of a prior mortgage be stated on the first page of a refinance mortgage.
Deeds of trust; amendment to loan document;statement of interest rate of a refinanced mortgage. Providesthat a deed of trust that has been recorded and that states thatit secures indebtedness or other obligations under a loan documentand that it also secures indebtedness or other obligations undersuch loan document as it may be amended, modified, supplemented,or restated shall secure such loan document as so amended, modified,supplemented, or restated from time to time, without the necessityof recording an amendment to such deed of trust. The bill further requires that the interest rate of a prior mortgage be stated onthe first page of a refinance mortgage.
Approved by Governor-Chapter 13 (effective 7/1/21)
Governor's Action Deadline 11:59 p.m., February 26, 2021
Enrolled Bill communicated to Governor on February 19, 2021
Signed by Speaker
Enrolled
Signed by President
Read third time
Passed Senate (37-Y 2-N)
Constitutional reading dispensed (39-Y 0-N)
Reported from General Laws and Technology (13-Y 1-N)
Continued to 2021 Sp. Sess. 1 in General Laws and Technology (14-Y 0-N)
Constitutional reading dispensed
Referred to Committee on General Laws and Technology
VOTE: Block Vote Passage (99-Y 0-N)
Read third time and passed House BLOCK VOTE (99-Y 0-N)
Printed as engrossed 21101257D-E
Engrossed by House as amended HB1882E
Committee amendments agreed to
Read second time
Read first time
Reported from Courts of Justice with amendment(s) (22-Y 0-N)
House subcommittee amendments and substitutes offered
Subcommittee recommends reporting with amendments (7-Y 0-N)
Assigned Courts sub: Civil
Referred to Committee for Courts of Justice
Referred from General Laws
Referred to Committee on General Laws
Prefiled and ordered printed; offered 01/13/21 21101257D
Bill Text Versions | Format |
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Prefiled and ordered printed; offered 01/13/21 21101257D | HTML |
Printed as engrossed 21101257D-E | HTML |
HB1882ER | HTML |
CHAP0013 | HTML |
Document | Format |
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Amendment: HB1882AH | HTML |
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