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A04557 Summary:

BILL NO    A04557 

SAME AS    SAME AS S02358

SPONSOR    Clark (MS)

COSPNSR    Scarborough, Cook, Robinson, Zebrowski, Weprin

MLTSPNSR   

Add S595-d, Bank L

Prohibits a mortgage servicer from obtaining force-placed insurance in certain
circumstances; requires a mortgage servicer to provide written notices prior to
obtaining force-placed insurance; regulates the cost of coverage a mortgage
servicer may obtain for force-placed insurance.
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