2007 House Bill 5310

Impose new subprime mortgage regulations

Introduced in the House

Oct. 11, 2007

Introduced by Rep. Michael Sak (D-76)

To establish a violation of the provisions of House Bill 5295 and related bills establishing new regulations on subprime and other real estate loans is also considered a violation of the state consumer protection act. The bill is part of a subprime home loan regulation package comprised of House Bills 5287 to 5310 and Senate Bills 826 to 833.

Referred to the Committee on Banking and Financial Services