Tag Archive: "Pennsylvania"
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Pennsylvania Updates “Base Figure” for 2019
The Pennsylvania Department of Banking and Securities has updated its definition of “base figure” under the Loan Interest and Protection Law.
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Pennsylvania Adopts Foreclosure Provisions
Pennsylvania has enacted provisions regarding the foreclosure of vacant and abandoned properties. These changes are effective as of December 17, 2018.
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Pennsylvania Enacts Mortgage Servicing Provisions
The Pennsylvania Department of Banking and Securities has amended Title 10 of the Pennsylvania Code by adding Chapter 59. This chapter is effective immediately.
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Pennsylvania Amends Mortgage Loan Licensing Provisions and Modifies “Base Figure” Definition
Pennsylvania has modified provisions regarding mortgage loan licensing and has updated its definition of “base figure” from $244,856 to $250,324 for the 2018 calendar year.
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Pennsylvania updates “base figure” definition under the Loan Interest and Protection Law
Pennsylvania has adjusted the definition of “base figure” under the Loan Interest and Protection Law.
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Pennsylvania Amends Provisions Concerning Powers of Attorney
Pennsylvania recently amended certain provisions regarding powers of attorney. These changes take effect immediately.
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Pennsylvania Amends Powers of Attorney
Pennsylvania amended its statutory provisions that relate to powers of attorney. The effective date of these changes varies from immediately through January 1, 2017.
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Pennsylvania Modifies Provisions Regarding Powers of Attorney
by: Lee Greenberg The state of Pennsylvania recently modified provisions regarding powers of attorney in House Bill No. 1429. Some of the provisions are effective immediately while others are effective on January 1, 2015. House Bill No. 1429 requires a power of attorney to be dated, and it must be signed by the principal or by […]
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Pennsylvania Amends Provisions Regarding Deficiency Judgments
by: Lee GreenbergThe state of Pennsylvania recently amended provisions of the Pennsylvania Consolidated Statutes regarding deficiency judgments in House Bill 84. The legislation is effective immediately. Under the new law, the following actions must be commenced within six (6) months following execution and delivery of the sheriff’s deed for property sold in connection with the […]
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Pennsylvania Modifies Mortgage and Conveyancing Provisions
by: Lee Greenberg Provisions Regarding Mortgage Loans The state of Pennsylvania recently modified several provisions regarding mortgage loans in House Bill 1124. The legislation becomes effective on August 31, 2013. House Bill 1124 provides new definitions for the following terms: Administrative or clerical tasks; application; bona fide nonprofit organization; branch; branch manager; commercial context; commission; […]