Skip to Content


HOUSE DOCKET, NO. 3189         FILED ON: 2/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3600

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Angelo M. Scaccia

_______________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
              Court assembled:

              The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to home mortgage applications.

_______________

PETITION OF:

 

Name:

District/Address:

Angelo M. Scaccia

14th Suffolk


HOUSE DOCKET, NO. 3189        FILED ON: 2/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3600

By Mr. Scaccia of Boston, a petition (accompanied by bill, House, No. 3600) of Angelo M. Scaccia for legislation to prohibit the use of consumer credit scores when evaluating applications for mortgage loans.  Financial Services. 


The Commonwealth of Massachusetts
 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act relative to home mortgage applications.
 

              Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

              Subsection (b) of section 4 of chapter 167E of the General Laws, as appearing in the 2008 Official Edition, is hereby amended by adding the following sentence:-

              Notwithstanding any provision of this section or any general or special law to the contrary, no bank or lending institution doing business in the commonwealth shall use FICO or any other consumer credit scores when evaluating an application for mortgage loans under section 3.

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Error