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Monday June 29, 2009 at 12:00 pm

Governor Rendell signs House Bill 985 and Senate Bill 170. The House Bill will help prevent mortgage fraud by protecting mortgage company employees who report illegal activities.___________________________Senate Bill 170, sponsored by Brubaker, will prohibit a mortgage broker or originator from being the exclusive recipient of communications to a consumer. The legislation prevents brokers from withholding information about interest rates, fees or monthly payments, and it will ensure that consumers are informed of the terms of their mortgage.r

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