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A01856 Summary:
BILL NO | A01856 |
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SAME AS | SAME AS S00864 |
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SPONSOR | Farrell |
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COSPNSR | |
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MLTSPNSR | |
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Amd S280, RP L | |
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Provides that a lender providing a reverse mortgage to a person who is 60 years of age or older may receive not more than 20% of the future appreciation of property secured by the mortgage as consideration for providing such reverse mortgage. |