Mortgage lenders, etc.; prohibits making a mortgage that is more expensive than borrower qualifies. (SB709)

Introduced By

Progress

√	Introduced
X	Passed Committee
☐	Passed House
√	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Mortgage lenders and brokers. Prohibits any mortgage lender or broker that is required to be licensed under the Mortgage Lender and Broker Act from making a mortgage loan to, or negotiating, placing or finding a mortgage loan for, a borrower if it is more expensive than another mortgage loan with similar terms that the lender or broker markets or offers and for which the borrower qualifies. View Full Text »

Outcome

Bill Has Failed

View Bill's History

Poll Results

1 vote

Bill Text

Related Bills

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