Prohibits certain financial institutions from charging a fee for making monthly, semi-monthly, and biweekly payments or for changing the frequency of mortgage payments.
An Act Requiring Mortgagees To Accept Mortgage Payments Tendered On A Monthly, Semimonthly Or Biweekly Basis.
Mortgages; authorize lenders to mortgagors to make additional mortgage payments
An Act Prohibiting State Agencies From Charging Service Fees For Payments Made By Certain Means.
An Act Prohibiting State Agencies From Charging Service Fees For Payments Made By Certain Means.
Requires a mortgagee to accept and apply payments; relates to the effectiveness thereof.
Prohibits mortgagee from refusing to accept partial mortgage payments from a mortgagor which does not bring the mortgagor current on his or her mortgage debt.
Lenders required to pause monthly payments on seized property, and lenders prohibited from reporting failure to make monthly payments on seized property.
Prohibits mortgagee from refusing to accept partial mortgage payments from a mortgagor which does not bring the mortgagor current on such mortgagor's mortgage debt.
Requires a mortgagee to accept and apply payments; relates to the effectiveness thereof.