HB 132 (BR 885) - J. Jenkins, R. Meeks, K. Stein
AN ACT relating to high-cost home loans.
Amend KRS 360.100 to prohibit a lender from making a high-cost home loan which allows the borrower to make payments, for at least part of the loan, that are applied only to interest and not to principal.
(Prefiled by the sponsor(s).)
Jan 3-introduced in House; to Banking and Insurance (H)
Jan 11-posted in committee