MD HB799 | 2010 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 7-0)
Status: Passed on May 20 2010 - 100% progression
Action: 2010-05-20 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 7-0)
Status: Passed on May 20 2010 - 100% progression
Action: 2010-05-20 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Summary
Providing that specified provisions of the Act do not require a lender that offers to make a reverse mortgage loan to offer a reverse mortgage loan with specified payment plans or to a specified borrower; requiring specified lenders and arrangers of financing to conform to the requirements of specified federal laws and guidelines under specified circumstances; providing that specified reverse mortgage loans are not subject to specified federal laws or guidelines; etc.
Title
Reverse Mortgage Homeowners Protection Act
Sponsors
| Del. Charles Barkley [D] | Del. Aisha Braveboy [D] | Del. Emmett Burns [D] | Del. Dereck Davis [D] |
| Sen. Brian Feldman [D] | Sen. Benjamin Kramer [D] | Sen. Roger Manno [D] |
Roll Calls
2010-04-05 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 1 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2010-05-20 | Approved by the Governor | |
| 2010-04-05 | Third Reading Passed with Amendments (45-0) | |
| 2010-04-04 | Second Reading Passed with Amendments | |
| 2010-04-04 | Favorable with Amendments Report Adopted | |
| 2010-04-08 | Favorable with Amendments Report by Finance | |
| 2010-04-02 | Hearing 4/7 at 1:00 p.m. | |
| 2010-04-02 | Re-referred Finance | |
| 2010-03-29 | First Reading Senate Rules | |
| 2010-04-03 | Passed Enrolled | |
| 2010-04-03 | Third Reading Passed (140-0) | |
| 2010-04-03 | House Concur - Senate Amendments | |
| 2010-03-26 | Third Reading Passed (138-0) | |
| 2010-03-25 | Second Reading Passed with Amendments | |
| 2010-03-25 | Favorable with Amendments Report Adopted | |
| 2010-03-29 | Favorable with Amendments Report by Economic Matters | |
| 2010-02-09 | Hearing 2/25 at 1:00 p.m. | |
| 2010-02-09 | First Reading Economic Matters |
Subjects
Civil Actions
Consumer Protection
Counselors
Crimes and Punishments
Disclosure
Federal Government
Fees
Insurance
Interest
Loans
Long-Term Care
Mortgages
Notices
Penalties and Sentences
Records
Security Interests
Statutes of Limitation
Unfair Trade Practices
Consumer Protection
Counselors
Crimes and Punishments
Disclosure
Federal Government
Fees
Insurance
Interest
Loans
Long-Term Care
Mortgages
Notices
Penalties and Sentences
Records
Security Interests
Statutes of Limitation
Unfair Trade Practices
