| BILL NO | A08286 |
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| SAME AS | SAME AS S04327
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| SPONSOR | Lopez (MS) |
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| COSPNSR | Aubry, Sweeney, Hoyt, Gordon, Englebright, Fields, Lavelle, Wright, Green, Ramos, Cahill |
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| MLTSPNSR | Bing, Clark, Cook, Cymbrowitz, Diaz L, Fitzpatrick, Glick, Lafayette, Markey, Millman, Pheffer |
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| Amd SS2402, 2405, 2405-b & 2428, Pub Auth L |
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| Provides that the term "mortgage" shall also include a loan owed to a bank secured by a second lien on a fee simple or leasehold estate in real property located in the state and improved by a residential structure, whether or not insured or guaranteed by the United States of America or any agency thereof, provided, however, that such second lien secures a loan purchased by the agency and is made at the same time as a first lien securing a loan purchased by the agency. |
