Prohibits rent minimums in all mortgages regardless of when issued.
Increases fee amount authorized to be imposed on mortgagees or their agents.
Increases fee amount authorized to be imposed on mortgagees or their agents.
An Act Requiring Mortgagees To Provide Mortgagors With Periodic Statements.
Mortgages; authorize lenders to mortgagors to make additional mortgage payments
Prohibits pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership where over fifty percent of the units are shareholder occupied.
Requires a mortgagor to provide notice of imminent foreclosure to their tenant or prospective tenant prior to renewing or signing a lease agreement.
Prohibits certain financial institutions from charging a fee for making monthly, semi-monthly, and biweekly payments or for changing the frequency of mortgage payments.
Sets the definition of "principal" for the purposes of limits on amount of flood insurance required by a mortgagee and clarifies applicability of the state law relative to certain federal programs and requirements.
Prohibits certain financial institutions from charging a fee for making monthly, semi-monthly, and biweekly payments or for changing the frequency of mortgage payments.