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Indiana General Assembly
Senate Bill 0456


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Senate Bill 0456

ARCHIVE (2004)

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Home loan practices. Restricts certain lending acts and practices. Establishes the homeowner protection unit under the attorney general. Provides enforcement procedures for deceptive mortgage acts. Establishes a $3 mortgage recording fee. Requires the Indiana housing finance authority to provide home ownership training programs. Appropriates $75,000 to the legislative council to contract for a study of predatory lending and the high rate of foreclosure in Indiana. Establishes an interim study committee on mortgage lending policies.
    Current Status:
     In Committee - first House
    >Latest Printing > (PDF)