MORTGAGE LEND CLOSING DUTY ACT House SponsorsRep. Angelo Saviano-Sidney H. Mathias 1/9/2007HouseSession Sine Die New Act Creates the Mortgage Lender's Closing Duties Act. Prohibits residential mortgage lenders and investors who receive notice of the time, date, and location of a closing from failing to provide the escrow closer with the necessary loan documents and funds. Imposes fines for violations of the Act and prohibits lenders and investors from passing on those fines as lending fees. Applies to the closing of owner occupied real property for one to 4 families. 2/2/2005HouseFiled with the Clerk by Rep. Angelo Saviano 2/2/2005HouseFirst Reading 2/2/2005HouseReferred to Rules Committee 2/3/2005HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias 2/8/2005HouseAssigned to Judiciary I - Civil Law Committee 3/9/2005HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 014-000-000 3/10/2005HousePlaced on Calendar 2nd Reading - Short Debate 4/8/2005HouseSecond Reading - Short Debate 4/8/2005HouseHeld on Calendar Order of Second Reading - Short Debate 4/12/2005HouseHouse Amendment No. 1 Filed with Clerk by Rep. Angelo Saviano 4/12/2005HouseHouse Amendment No. 1 Referred to Rules Committee 4/15/2005HouseRule 19(a) / Re-referred to Rules Committee 1/9/2007HouseSession Sine Die