summary
Introduced
07/27/2017
07/27/2017
In Committee
07/27/2017
07/27/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to the Massachusetts Housing Finance Agency
AI Summary
This bill amends the Massachusetts Housing Finance Agency's (MHFA) enabling statute to allow the agency to take additional actions, including: (1) providing contract administration services for multifamily rental subsidy programs of the U.S. Department of Housing and Urban Development in any state or the District of Columbia; (2) providing loan servicing for one- to four-family residential mortgage loans secured by properties located in any state or the District of Columbia, as long as the majority of the loans serviced are secured by properties in Massachusetts; and (3) providing loan servicing, master servicing, mortgage insurance, and other commercial services related to residential mortgage loans in partnership with a governmental or quasi-governmental agency in any state or the District of Columbia.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
No further action taken (on 01/01/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/H3846 |
Bill | https://malegislature.gov/Bills/190/H3846.pdf |
Loading...