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S07209 Summary:
BILL NO | S07209 |
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SAME AS | SAME AS A02063 |
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SPONSOR | PARKER |
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COSPNSR | |
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MLTSPNSR | |
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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 | |
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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. |