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2006 SESSION
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.
FULL TEXT
HISTORY
- 01/11/06 House: Prefiled and ordered printed; offered 01/11/06 062610396
- 01/11/06 House: Referred to Committee on Commerce and Labor
- 01/19/06 House: Assigned to Commerce and Labor sub-committee: Financial Institutions (Dudley)
- 02/07/06 House: Tabled in Commerce and Labor by voice vote