Maryland Amends Statutory Power of Attorney Forms
October 17, 2023
Maryland passed a bill amending the content of the Statutory Form Personal Financial Power of Attorney and the Statutory Form Limited Power of Attorney under
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Maryland Amends Maryland Mortgage Lender Law
July 19, 2023
Maryland passed a bill amending the Maryland Mortgage Lender Law (MMLL). Under the bill, a mortgage lender, broker and servicer licensed under the MMLL must
Maryland Amends Foreclosure Procedures for Residential Property
February 27, 2023
Maryland adopted rules amending foreclosure procedures for residential property. Under the adopted rules, a Notice of Intent to Foreclose expires and must be reissued in
Maryland Amends Breach of Security Requirements
June 6, 2022
Maryland passed a bill amending breach of security requirements. Under the bill, a business that maintains but does not own or license personal information must
Maryland Amends Net Worth Requirements under Mortgage Lender Law
September 6, 2019
Maryland passed a bill amending net worth requirements for mortgage lenders, brokers and servicers licensed under the Mortgage Lender Law (MLL). Under the bill, mortgage
Maryland Authorizes Escrow of Funds for the Payment of Water and Sewer Facilities Assessments
October 2, 2018
Maryland passed a bill authorizing the escrow of funds for the payment of water and sewer facilities assessments. Under the bill, a lending institution making
Maryland Allows Electronic Recording of Documents
May 18, 2018
Maryland passed a bill allowing documents to be electronically recorded pursuant to the Uniform Real Property Electronic Recording Act. The bill becomes effective October 1,
Maryland Amends Personal Information Protection Act
December 8, 2017
Maryland passed a bill amending the Personal Information Protection Act (PIPA). Under the bill, the definition of personal information is expanded to include passport numbers
Maryland Requires Lenders and Servicers to Provide Notice of Foreclosure to Department of Labor, Licensing, and Regulation
December 8, 2017
Maryland passed a bill requiring lenders and servicers to provide a “notice of foreclosure” (Notice) to the Department of Labor, Licensing, and Regulation (Department). Under
Maryland Amends Foreclosure Notice of Sale Requirements
October 13, 2017
Maryland passed a bill amending “notice of sale” requirements under the nonjudicial foreclosure process. Under the bill, a “notice of sale” provided in connection with
