SF2917 - Minnesota - Manufactured homes lending practices and default regulation provisions

Please upgrade your Flash Player Home > Minnesota > SF2917 Tagged in: Banks and Financial Institutions, Commerce Department, Credit and Credit Services, Legal Proceedings, Manufactured and Mobile Homes, Mortgages and Deeds Proposed date: Tuesday, February, 19th 2008 Latest Update: Friday, July, 18th 2008 2E Relating to manufactured housing; providing for regulation of lending practices and default for manufactured homes; specifying certain default notice requirements; requiring certain second notice requirements and right to reinstate loan by paying defaulted amount; providing for voluntary repossession under certain conditions; modifying cure of default provisions; defining certain terms; providing for the occurrence of negative amortization; specifying certain standards of conduct for manufactured home lenders, exceptions; specifying certain allowed interest, points, finance changes, fees and other charges; prohibiting imposition of prepayment penalties; permitting exemptions for manufactured home loans originated by a federal or state chartered bank, savings bank or credit union (ra) Comment on Bill - Be the first to leave a comment! Latest Actions 04/03/2008 - HF substituted on General Orders HF3477 03/10/2008 - Committee report: To pass as amended 03/10/2008 - Second reading 03/10/2008 - Author added Olson, M. 03/03/2008 - Author added Wiger show all actions 04/03/2008 - HF substituted on General Orders HF3477 03/10/2008 - Committee report: To pass as amended 03/10/2008 - Second reading 03/10/2008 - Author added Olson, M. 03/03/2008 - Author added Wiger 02/25/2008 - Comm rpt: To pass as amend & re-ref to Commerce and Consumer Protection 02/25/2008 - Author added Jungbauer 02/20/2008 - Introduction and first reading 02/20/2008 - Referred to Judiciary show latest actions Bill Text File name Last Updated SF2917 05/10/2008 SF2917 05/10/2008 SF2917 05/10/2008

Important People Sponsor John Marty Co-Sponsor(s) Charles W. Wiger Gen Olson Michael J. Jungbauer Latest News Searching for articles... You can suggest an article. Paste URL. Articles are subject to approval.