Relating to documents used in closing residential mortgage transactions; prescribing an effective date.
Catchline/Summary:
Requires insurers authorized to transact title insurance to make or accept, keep, maintain and produce upon request copies of documents that parties to residential mortgage transaction executed or were required to produce or disclose while closing mortgage loan or mortgage banking loan. Requires insurers authorized to transact title insurance to make or accept, keep, maintain and produce upon request copies of documents that parties to residential mortgage transaction executed or were required to produce or disclose while closing mortgage loan or mortgage banking loan.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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SB 482 Senate Committee On General Government, Consumer and Small Business Protection
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