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A04491 Summary:

BILL NOA04491
 
SAME ASSAME AS S00186
 
SPONSORClark
 
COSPNSRHooper, Ortiz
 
MLTSPNSRBrennan, Colton, Cook, Gantt, Magee, Perry, Wright
 
Amd SS595-a, 347 & 592-a, Bank L; add S254-e, RP L; add SS1308 & 1309, RPAP L; amd S771, add S771-b, Gen Bus L; add S5-336, 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 home owners.
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