summary
Introduced
12/18/2017
12/18/2017
In Committee
01/18/2018
01/18/2018
Crossed Over
Passed
Dead
12/31/2018
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H4137 |
| Bill | https://malegislature.gov/Bills/190/H4137.pdf |
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