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CT HB05308
Bill
Status
Introduced
1/16/2025
Primary Sponsor
David Rutigliano
Click for details
AI Summary
- Requires mortgage lenders and mortgage servicers to accept any partial mortgage payment made by a borrower
- Mandates that lenders and servicers apply partial payments to the borrower's account rather than rejecting them
- Amends Chapter 846 of the Connecticut General Statutes governing mortgage lending practices
- Introduced by Rep. Rutigliano (123rd District) and referred to the Banking Committee
Legislative Description
An Act Concerning Partial Mortgage Payments.
Last Action
Referred to Joint Committee on Banking
1/16/2025
Committee Referrals
Banking1/16/2025
Full Bill Text
No bill text available