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S05065 Summary:
| BILL NO | S05065 |
| SAME AS | SAME AS A06558 |
| SPONSOR | PARKER |
| COSPNSR | |
| MLTSPNSR | |
| Amd §§595-a, 347 & 592-a, Bank L; add §254-e, RP L; add §§1316 & 1317, RPAP L; amd §771, add §771-b, Gen Bus L; add §5-337, 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 homeowners. | |