2009 Regular Session
Overview
At the request of: | (at the request of Governor Theodore R. Kulongoski for Department of Consumer and Business Services) |
Chief Sponsors: | |
Regular Sponsors: | |
Bill Title: | Relating to mortgage transactions. |
Catchline/Summary: | Prohibits mortgage banker, mortgage broker or loan originator from making, negotiating or offering to make or negotiate negative amortization loan without evaluating and verifying borrower's ability to repay loan. |
Chapter Number: | Chapter 603 |
Fiscal Impact: | Fiscal Impact Issued |
Revenue Impact: | No Revenue Impact |
Measure Analysis: | Staff Measure Summary / Impact Statements |
Current Location: | Chapter Number Assigned |
Current Committee: | Joint Committee On Ways and Means |
Current Subcommittee: | |
Subsequent Referral(s): |
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Potential Conflicts of Interest/Vote Explanations: | Potential Conflicts of Interest/Vote Explanation Documents |