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Bill > H569


MA H569

To prohibit the issuance of mortgages to persons convicted of arson


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

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

AI Summary

This bill prohibits banks, mortgage brokers, and licensed lenders from issuing mortgages to individuals who have been convicted of arson under Chapter 266 of the Massachusetts General Laws or are fugitives with open warrants. The bill aims to amend Chapter 167E of the General Laws by adding a new Section 17 to enact this prohibition.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H4778 (on 07/18/2018)

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