Bill Title: Amends the Collateral Protection Act. Provides that a servicer subject to regulations issued by the Consumer Financial Protection Bureau under the Dodd-Frank Act that places hazard insurance in substantial compliance with those regulations shall be deemed in substantial compliance with this Act. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 6-3)

Status: (Passed) 2014-08-26 - Public Act . . . . . . . . . 98-1120 [SB3423 Detail]

Text: Latest bill text (Chaptered) [HTML]

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