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HB 327: Fraud

GENERAL BILL by Trujillo ; (CO-INTRODUCERS) Garcia, L. ; Nunez

Fraud; Requires that mortgage loan application include fingerprints of loan originator & borrower; requires that borrower certify accuracy of information, that oral application be audio recorded, & that if primary language of borrower is Spanish, application be on specified application form; revises classification of certain offenses relating to mortgage fraud; provides period of limitation for commencing actions; authorizes certain extensions of limitation period; specifies when limitation period does not run.

Effective Date: 10/1/2012
Last Action: 3/9/2012 House - Died in Insurance and Banking Subcommittee
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    10/11/2011 House • Filed
    10/28/2011 House • Referred to Insurance and Banking Subcommittee; Civil Justice Subcommittee; Justice Appropriations Subcommittee; Economic Affairs Committee -HJ 34
    1/10/2012 House • Introduced -HJ 34
    3/9/2012 House • Died in Insurance and Banking Subcommittee

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  • HB 327, Original Filed Version (Current Bill Version) Posted 10/11/2011 at 11:55 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 1 (pdf)
    494.0068 Loan application process. Page 2 (pdf)
    817.545 Mortgage fraud. Page 3 (pdf)

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