Connecticut Seal

General Assembly

Amendment

 

January Session, 2011

LCO No. 8136

   
 

*HB0543708136SRO*

Offered by:

 

SEN. GUGLIELMO, 35th Dist.

 

To: House Bill No. 5437

File No. 813

Cal. No. 519

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. Any out-of-state mortgage broker, mortgage correspondent lender, mortgage lender or mortgage loan originator who retains a Connecticut real estate appraiser to perform a real estate appraisal in connection with a mortgage loan transaction shall pay the appraiser not later than thirty days after the appraiser performs and submits such real estate appraisal to the mortgage broker, mortgage correspondent lender, mortgage lender or mortgage loan originator. "