Idaho Bills
2 bills · 2022 Regular Session
Adds to existing law to provide for restrictions on actions arising from a regulated credit transaction primarily secured by a mortgage or deed of trust on residential real property.
This legislation establishes the notification process for a credit transaction that is secured by a subordinate lien on real property when the senior mortgage or other senior secured interest on real property comes under foreclosure.
64 – 5
Amends existing law to require regulated lenders and payday lenders to use an electronic system of licensing.
This proposed legislation creates efficiencies in licensing processes for regulated lenders and payday lenders by requiring the use of an electronic system of licensing. Additionally, the legislation reduces unnecessary licensing requirements applicable to regulated lenders and payday lenders.
31 – 38