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S04475 Summary:

BILL NOS04475
 
SAME ASSAME AS A03066
 
SPONSORSEWARD
 
COSPNSR
 
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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