mortgage law updated

Governor Tom Wolf signed SB 751 into law as Act 81 of 2017, which authorizes the department to license and examine non-bank mortgage servicers. “I was proud to sign this legislation to help protect homeowners from wrongful foreclosures by ensuring companies follow Pennsylvania law. Owning a home is part of the American dream and this law is an important step to help homeowners as they achieve that dream in our commonwealth,” said Gov. Wolf.

More information from the press release.