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145th General Assembly
Senate Bill # 40

Primary Sponsor: DeLuca Additional Sponsor(s):    Rep. Brady
CoSponsors: Sens. Blevins, Ennis, Hall-Long, Henry, Katz, McDowell, Venables; Reps. Gilligan, Hocker, Keeley, Kowalko, Manolakos, Mitchell, Oberle, Viola
Introduced on : 03/25/2009
Long Title:AN ACT TO AMEND TITLE 25 OF THE DELAWARE CODE RELATING TO REAL PROPERTY AND MORTGAGES.
Synopsis:This act requires certain mortgage lenders to provide a homeowner with six months written notice of a change in the interest rate on a mortgage on the homeowner’s principal residence. This act exempts state and federally chartered banks, their affiliates, and subsidiaries, as they are already subject to significant regulation of their mortgage practices.
Author: Senator DeLuca

Current Status: Senate Banking Committee   On   03/25/2009
Full text of Legislation:
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Full text of Legislation:
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Fiscal Notes/Fee Impact:Not Required
Actions History:
Mar 25, 2009 - Assigned to Banking Committee in Senate
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