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A04491 Summary:

BILL NO    A04491 

SAME AS S00186

SPONSOR    Clark

COSPNSR    Hooper, Ortiz

MLTSPNSR   Brennan, 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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