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A06083 Summary:

BILL NOA06083
 
SAME ASSAME AS S05646
 
SPONSORZinerman
 
COSPNSRBarron, Gottfried
 
MLTSPNSR
 
Amd §§595-a, 347 & 592-a, Bank L; add §254-e, RP L; add §§1316 & 1317, RPAP L; amd §771, add §771-c, Gen Bus L; add §5-338, Gen Ob L
 
Enacts the "Home Equity Fraud Act" to control improper activities by home improvement contractors and finance companies; prohibits mortgage brokers or agents from acting as home improvement contractors; provides additional protections for mortgagors and homeowners.
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