state_legiscan_drain · RI
Limits mortgage prepayment rules to mortgages on owner-occupied properties with one to four dwelling units.
March 13, 2026
Summary
If enacted, this bill would limit mortgage prepayment regulations to loans secured by owner-occupied properties with one to four dwelling units, excluding investment and multifamily properties. Lenders and servicers would only need to comply with prepayment rules for these owner-occupied loans, reducing compliance burden for other loan types.
Source: https://status.rilegislature.gov/
Common questions
- What does "Limits mortgage prepayment rules to mortgages on owner-occupied properties with one to four dwelling units." cover?
- If enacted, this bill would limit mortgage prepayment regulations to loans secured by owner-occupied properties with one to four dwelling units, excluding…
- When was it published?
- It was published on March 13, 2026.