2002 House Bill 6121

House Roll Call 1155: The amendment was not adopted

To require a lender on a sub-prime mortgage loan to give the borrower an oral and written description on terms, costs, commissions, and other issues related to the loan; and to give any future purchaser or assignee of the loan a statement regarding the purchaser's liability for any claims which the borrower could assert against the borrower.

47 Yeas / 51 Nays
Republican (4 Yeas / 50 Nays)
Democrat (43 Yeas / 1 Nay)
Excused or Not Voting (12)