Mortgage loans; escrowing taxes and insurance. (HB1091)

Introduced By

Del. Mark Sickles (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Subprime adjustable mortgage loans; escrowing taxes and insurance. Requires certain lenders that make a subprime adjustable rate mortgage loan to a borrower to collect and hold in escrow periodic payments for real estate taxes and insurance premiums. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2008Committee
01/09/2008Prefiled and ordered printed; offered 01/09/08 080067736
01/09/2008Referred to Committee on Commerce and Labor
02/07/2008Continued to 2009 in Commerce and Labor