HB55 — Mortgages; authorize lenders to mortgagors to make additional mortgage payments

HB55 — Mortgages; authorize lenders to mortgagors to make additional mortgage payments · Informed CitizenryHouse Bill 55 authorizes lenders in Alabama to accept and apply additional payments above the required monthly mortgage payment from borrowers (mortgagors). This means that if a homeowner chooses t…Open in Informed Citizenry