North
Carolina passed a bill increasing the fee that may be imposed for a dishonored
check. Under the bill, a lender may now charge up to $35 for a dishonored check
(rather than up to $25). The bill becomes effective October 1, 2019.
Sign up for mortgage regulatory updates compiled from Fannie Mae, Freddie Mac, FHA, VA, RHS, Individual State Compliance & more. Subscribe to the TENAlert to receive an email notification the same day new updates are posted!