Reverse Mortgages - Property Tax and Insurance Payments - Notice

SB 1101 Reverse Mortgages Property Tax and Insurance Payments Notice

Maryland 2017 Regular Session

Reverse Mortgages - Property Tax and Insurance Payments - Notice
SB-1101


About SB-1101

Authorizing a borrower under a reverse mortgage loan to designate a person to whom specified notice must be sent by the reverse mortgage lender; requiring a reverse mortgage lender to send a copy of a specified notice to a person designated by the reverse mortgage borrower; requiring a reverse mortgage lender to send a specified notice to a reverse mortgage borrower and a specified person designated by the borrower 30 days after the lender makes a payment for specified property taxes or insurance; etc.

  

Bill Texts

Introduced 02/17/2017

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History

Unfavorable Report By Finance; Withdrawn

03/23/2017

Hearing 3/21 At 1:00 P.m.

03/21/2017

Hearing Canceled

03/20/2017

Rereferred To Finance

02/21/2017

First Reading Senate Rules

02/17/2017