HomePoliticsWolf approves bill giving mortgage lenders flexibility

Wolf approves bill giving mortgage lenders flexibility

House Bill 1588 makes permanent a temporary waiver granted early in the pandemic

Source: Office of Gov. Tom Wolf

Gov. Tom Wolf recently signed into law a number of bills:

House Bill 1588 makes permanent a temporary waiver granted early in the COVID-19 pandemic, which allows mortgage lenders to conduct business remotely. Under the new legislation, mortgage lenders have the flexibility to originate mortgage loans from traditional brick and mortar locations, and may also conduct business from remote locations so long as they comply with specific consumer protection requirements.

House Bill 930 requires law enforcement agencies to deliver the DNA of a missing person, missing child or unidentified deceased person to the Pennsylvania State Police for submission to the National Missing and Unidentified Persons System.

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