HB90 — Relating to residential mortgage loans, including the financing of residential real estate purchases by means of a wrap mortgage loan; providing licensing requirements; authorizing an administrative penalty.

HB90 — Relating to residential mortgage loans, including the financing of residential real estate purchases by means of a wrap mortgage loan; providing licensing requirements; authorizing an administrative penalty. · Informed CitizenryHB 90 establishes regulations for wrap mortgage loans, which are residential mortgage loans made to finance the purchase of real estate that is already subject to an existing, unreleased lien. The…Open in Informed Citizenry