A4443 — Requires residential mortgage lenders to deposit hazard insurance proceeds in interest-bearing accounts.

A4443 — Requires residential mortgage lenders to deposit hazard insurance proceeds in interest-bearing accounts. · Informed CitizenryThis bill requires residential mortgage lenders who hold hazard insurance proceeds in a loss draft account (for property rebuilding or repair) to pay interest on those proceeds at a rate of at leas…Open in Informed Citizenry