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