Legislative Session number- 85

Bill Name: SF2881

3E Increasing the contract for deed threshold for financial institution lending
authority; allowing lender use of United States departments of veterans affairs
and housing and urban development criteria on refinancing or streamlining loans
or criteria authorized or promulgated by the federal national mortgage
association or the federal home loan mortgage corporation for mortgage loan
borrower repayment ability determination; extending remedies and penalties in
cases of borrowers injured by mortgage brokers violation of standards
(Ch. 276,
2008)