Introduced
by
To require mortgage lenders to disclose to borrowers at the time of a loan that their mortgage may be sold or assigned to another company, and if it is sold or assigned, to require the lender to notify the borrower of details related to the loan and transfer. Among other things the bill would require the person who acquires a mortgage to have a toll-free number the borrower could call.
Referred to the Committee on Banking and Financial Institutions
