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MA H4137

MA H4137
Expanding The Use Of Video Conferencing


summary

Introduced
12/18/2017
In Committee
01/18/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to the use of video conferencing for certain mortgages. Financial Services.

AI Summary

This bill expands the use of video conferencing for certain mortgages. Specifically, it amends the General Laws to allow financial institutions to conduct mortgage transactions with a person by video conference, in addition to in-person meetings. This change applies to both state-chartered banks (under Chapter 167E) and credit unions (under Chapter 171). The purpose of this bill is to provide greater flexibility and convenience for consumers when conducting mortgage-related business.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H4786 (on 07/19/2018)

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