MA H780

Bill

MA H780

Providing mortgage customers additional mandatory information regarding their accounts

Introduced
01/20/2015

In Committee
01/20/2015

Crossed Over

Passed

Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

By Mr. Ayers of Quincy, a petition of Bruce J. Ayers and Steven S. Howitt that banking and lending institutions be required to issue certain information on monthly statements to mortgage loan customers. Financial Services.

AI Summary

This bill requires banks and lending institutions to provide mortgage loan customers with more detailed information on their monthly statements, including the remaining principal balance, the current interest rate applicable to that balance, confirmation of the latest payment received, and the balance of any escrow accounts along with a description of any payments made from them.

Committee Categories

Business and Industry

Sponsors (2)

Bruce Ayers (D)*, Steven Howitt (R),

Last Action

Accompanied a study order, see H4111 (on 03/28/2016)

Official Document

https://malegislature.gov/Bills/189/House/H780

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/189/House/H780
State Bill Page	https://malegislature.gov/Bills/189/H780
Bill	https://malegislature.gov/Bills/189/H780.pdf

Bill	Bill Name	Last Action	Type
H151	Exempting certain fraternal organizations from the tax of sales of alcoholic beverages	Accompanied a study order, see H4639	Similar To
H2438	Providing for property tax relief for small business owners	Accompanied a study order, see H4639	Similar To
H2939	Allowing cities and towns the authority to issue temporary parking identification placards to the temporarily disabled	Accompanied a study order, see H4438	Similar To
H2940	Relative to increasing the fine for handicap parking violations for city/town implementation and compliance with the Americans with Disabilities Act	Accompanied a study order, see H4438	Similar To
H4111	Financial Services Study Order	Reported, in part, by H948	Replaced by
H617	Resolve to establish a special commission to perform an investigation and providing for a study relative to the long term management, maintenance and future use of the Boston Harbor Long and Moon Islands	Discharged to the committee on House Rules	Similar To

Bill > H780

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

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