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A03681 Summary:

BILL NO    A03681 

SAME AS    No same as 

SPONSOR    Maisel (MS)

COSPNSR    Stevenson, Robinson, Barron

MLTSPNSR   Cook, Jacobs, Magee, Perry

Add S283, RP L

Permits a one-time deferral of two consecutive monthly mortgage payments for
the balance of the term of the mortgage on a residential mortgage; provides
that the mortgage term be automatically extended by the period of such deferral
and that the amount of monthly payments remain the same and not be
recalculated.