summary
Introduced
03/29/2021
03/29/2021
In Committee
03/07/2022
03/07/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to further regulate the use of video and telephone conferencing for certain mortgage transactions. Financial Services.
AI Summary
This bill aims to further regulate the use of video and telephone conferencing for certain mortgage transactions. Specifically, it amends two sections of Massachusetts state law to allow mortgage lenders to conduct in-person meetings with borrowers by synchronous real-time video conference or by telephone, in addition to the existing in-person option. This change is intended to provide more flexibility and convenience for mortgage borrowers and lenders during the loan process.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
No further action taken (on 01/03/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H1146 |
| Bill | https://malegislature.gov/Bills/192/H1146.pdf |
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