CS/HB 845: Reverse Mortgage Loans
GENERAL BILL by Insurance, Business, and Financial Affairs Policy Committee ; Legg ; (CO-INTRODUCERS) Snyder
Reverse Mortgage Loans; Limits originating or making reverse mortgage loans to licensed mortgage lenders & mortgage brokers; specifies requirements for reverse mortgage loans; specifies loan limitations & parameters; authorizes mortgage lenders to impose & collect origination fee for reverse mortgage loans; specifies origination fee limitations; prohibits additional origination fees, etc.
Effective Date: 01/01/2011
Last Action: 4/30/2010 House - Died on Calendar
Bill Text: Web Page | PDF
Last Action: 4/30/2010 House - Died on Calendar
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/1/2010 | House |
• Filed |
| 2/10/2010 | House |
• Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; General Government Policy Council |
| 3/2/2010 | House |
• Introduced, referred to Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; General Government Policy Council -HJ 00076 |
| 3/23/2010 | House |
• On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/25/10, 2:45 pm, Webster Hall |
| 3/25/2010 | House |
• CS by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 12 NAYS 1 -HJ 00426 |
| 3/30/2010 | House |
• CS read 1st time on 03/30/10 -HJ 00421; Pending review of CS under Rule 7.20 |
| 4/5/2010 | House |
• Now in Policy Council -HJ 00488 |
| 4/7/2010 | House |
• On Council agenda-- Policy Council, 04/09/10, 9:30 am, Morris Hall |
| 4/9/2010 | House |
• Favorable by Policy Council; YEAS 11 NAYS 0 -HJ 00662; Now in General Government Policy Council -HJ 00662 |
| 4/12/2010 | House |
• On Council agenda-- General Government Policy Council, 04/14/10, 9:15 am, Morris Hall |
| 4/14/2010 | House |
• Favorable by- General Government Policy Council; YEAS 15 NAYS 0 -HJ 00722 |
| 4/15/2010 | House |
• Placed on Calendar -HJ 00722 |
| 4/30/2010 | House |
• Died on Calendar |