North CarolinaSB 6752025-2026 SessionSenate

AN ACT TO MODIFY THE MAXIMUM PERMISSIBLE FEES OR DISCOUNTS THAT CERTAIN LENDERS MAY CHARGE ON SECOND OR JUNIOR LIEN REAL ESTATE LOANS TO ALIGN MORE CLOSELY WITH FEDERAL QUALIFIED MORTGAGE STANDARDS.

Sponsored By: Dan Blue (Democratic), Jr. David W. Craven (Republican), Brad Overcash (Republican)

Passed

FEESFINANCIAL SERVICESHOUSINGLOANSMORTGAGESPUBLICREAL ESTATE

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsors

  • Dan Blue

    Democratic • Senate

  • Jr. David W. Craven

    Republican • Senate

  • Brad Overcash

    Republican • Senate

Cosponsors

  • Val Applewhite

    Democratic • Senate

  • Joyce Waddell

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 42 • No: 0

Senate vote 4/10/2025

SB 675: Second Mortgage Fee Alignment Act.

Yes: 42 • No: 0 • Other: 7

Actions Timeline

  1. Ref To Com On Rules, Calendar, and Operations of the House

    4/15/2025House
  2. Passed 1st Reading

    4/15/2025House
  3. Regular Message Received From Senate

    4/14/2025House
  4. Regular Message Sent To House

    4/14/2025Senate
  5. Passed 3rd Reading

    4/10/2025Senate
  6. Passed 2nd Reading

    4/10/2025Senate
  7. Reptd Fav

    4/9/2025Senate
  8. Re-ref Com On Rules and Operations of the Senate

    4/8/2025Senate
  9. Com Substitute Adopted

    4/8/2025Senate
  10. Reptd Fav Com Substitute

    4/8/2025Senate
  11. Re-ref to Commerce and Insurance. If fav, re-ref to Rules and Operations of the Senate

    4/1/2025Senate
  12. Withdrawn From Com

    4/1/2025Senate
  13. Ref To Com On Rules and Operations of the Senate

    3/26/2025Senate
  14. Passed 1st Reading

    3/26/2025Senate
  15. Filed

    3/25/2025Senate

Bill Text

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