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Senate passes mortgage-rescue licensing bill requiring written contracts and licensing of loan rescue actors
Utah State Senate · February 5, 2010
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Summary
First substitute House Bill 53 requires licensing for those involved in mortgage-rescue and loan-modification services, requires written contracts, and sets standards for performance; the Senate passed the measure and returned it to the House.
The Senate approved first substitute House Bill 53, which the sponsor described as a consumer-protection measure aimed at mortgage-rescue and loan-modification services. Senator…
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