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2006 SESSION

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HB 1190 Escrow accounts; prohibits lender making mortgage loan from charging borrower separate fee, etc.

Introduced by: Robert G. Marshall | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Mortgage loans; escrow accounts.  Prohibits a lender making a one-to-four family residential dwelling mortgage loan from charging the borrower a separate fee for exercising an option to make payments for real estate taxes and insurance premiums directly, in lieu of establishing an escrow account.


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