HF 931

SECOND ENGROSSMENT

Predatory mortgage lending practices prohibited, and civil and criminal penalties imposed.

Section 1: "Subprime loan" definition provided.

Section 2: General language modified.

Section 3: Prepayment penalties language added.

Section 4: Private right of action langauge provided.

Section 5: Residential mortgage fraud.

Section 6: Private right of action language provided.

JAJ 4/17/7