Bill

Bill > H935


MA H935

MA H935
To prohibit the issuance of mortgages to persons convicted of arson


summary

Introduced
03/10/2015
In Committee
03/10/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to prohibit the issuance of mortgages to persons convicted of arson. Financial Services.

AI Summary

This bill proposes to amend Chapter 167E of the General Laws to add a new section that prohibits banks and mortgage brokers or lenders, licensed under section 2 of chapter 255E, from providing mortgage loans to individuals who have been convicted of arson, as defined under chapter 266, or who are fugitives with outstanding arrest warrants. This measure aims to prevent individuals with a history of arson or those evading law enforcement from obtaining mortgages, thereby addressing financial services concerns related to such convictions.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...