NJ S2520 | 2024-2025 | Regular Session
Note: Carry Over of previous S1346
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2024 - 25% progression
Action: 2024-02-05 - Introduced in the Senate, Referred to Senate Commerce Committee
Pending: Senate Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 5 2024 - 25% progression
Action: 2024-02-05 - Introduced in the Senate, Referred to Senate Commerce Committee
Pending: Senate Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes pre-loan counseling requirements and borrower rights of recission for reverse mortgage loans.
Title
Establishes pre-loan counseling requirements and borrower rights of recission for reverse mortgage loans.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-05 | Senate | Introduced in the Senate, Referred to Senate Commerce Committee |
Same As/Similar To
S1346 (Carry Over) 2022-02-03 - Introduced in the Senate, Referred to Senate Commerce Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2024/S2520 |
| Text | https://pub.njleg.gov/Bills/2024/S3000/2520_I1.HTM |
