Bill Summary for H 717 (2011-2012)
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Summary date:
Apr 6 2011
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO EXCLUDE ANY PRIVATE MORTGAGE INSURANCE PREMIUMS IN EXCESS OF ONE AND ONE-QUARTER PERCENT OF THE LOAN AMOUNT FROM THE DEFINITION OF "POINTS AND FEES" IN HIGH-COST HOME LOANS.Intro. by Wray.
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Bill summary
Amends GS 24-1.1E(a)(5) as title indicates. Effective October 1, 2011.