Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on February 19, 2008. The 2008 session has ended.
2008 Regular Session
House Bill 743
Mississippi Home Loan Protection Act; enact.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO ENACT THE MISSISSIPPI HOME LOAN PROTECTION ACT; TO MAKE CERTAIN FINDINGS AND DEFINE CERTAIN TERMS; TO PROHIBIT OR RESTRICT THE FOLLOWING PRACTICES IN CONNECTION WITH HIGH-COST HOME LOANS; INSURANCE AND DEBT COLLECTION AGREEMENTS, FLIPPING THE LOAN, RECOMMENDATIONS OF DEFAULT, CALL PROVISIONS, FEES FOR BALANCE, BALLOON PAYMENTS, NEGATIVE AMORTIZATION, INCREASED INTEREST RATES, ADVANCE PAYMENTS, MANDATORY ARBITRATION CLAUSES, LENDING WITHOUT HOMEOWNERSHIP COUNSELING, FINANCING PREPAYMENT FEES OR PENALTIES, HOME IMPROVEMENT CONTRACTS, AND MODIFICATION OR DEFERRAL FEES; TO PROVIDE FOR THE PRESERVATION AND ENFORCEMENT OF CLAIMS AND DEFENSES BY BORROWERS; TO AUTHORIZE VARIOUS METHODS FOR ENFORCEMENT OF THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
February 4 to February 19, 2008, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesFeb 4 to Feb 19 · stopped15 days
Banking and Financial ServicesFeb 4 to Feb 19 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Feb 4 – Feb 19
- Feb 4Referred to the House committee on Banking and Financial Services
- Feb 19Died in committee in the House
All 2 actions, as published
- Feb 4Referred To Banking and Financial ServicesHouse of Representatives
- Feb 19Died In CommitteeHouse of Representatives