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MO HB446
Bill
Status
5/6/2013
Primary Sponsor
John Diehl
Click for details
AI Summary
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Adds section 443.454 to Missouri law governing enforcement and servicing of real estate loans secured by mortgage, deed of trust, or other security instruments.
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Restricts local laws and ordinances from adding to, changing, delaying enforcement of, or interfering with loan agreements, security instruments, mortgages, or deeds of trust.
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Prohibits local laws and ordinances from imposing fees, taxes, or requiring payments to government contractors related to real estate loans, mortgages, deeds of trust, or other security instruments.
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Establishes that enforcement and servicing of real estate loans shall be governed solely by state and federal law.
Legislative Description
Changes the laws regarding the enforcement and servicing of real estate loans
Last Action
Gov Took no Action, Sent to Sec of State/Article 3 Sec 31(H)
7/12/2013