South Carolina passed a bill amending the South Carolina High-Cost and Consumer Home Loans Act. The bill redefines “conventional mortgage rate” to mean the average
South Carolina passed a bill amending the Consumer Protection Code. This bill defines bridge loans as short-term consumer loans for residential real property acquisition or
South Carolina passed a bill amending the Licensing of Mortgage Brokers Act (LMBA). The amendments to the LMBA: remove the requirement that mortgage brokers maintain
South Carolina passed a bill amending the Mortgage Lending Act (MLA). The amendments to the MLA: add a definition for “loan correspondent”; revise licensing requirements
South Carolina passed a bill clarifying the location of the boundary between North Carolina and South Carolina and enacting additional foreclosure notice requirements for properties
South Carolina passed a bill enacting the Uniform Power of Attorney Act. The Uniform Power of Attorney Act is modeled upon the Uniform Power of
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