Financial Consumer Protection Act of 2019

Bill Number:  HB1127

Bill Sponsor(s):  Delegate Carey

Subject:  Economic Matters

Bill Summary:

Establishing and strengthening consumer protections in certain areas of financial transactions, including mobile home purchases, security breaches, vehicle purchases, money transmission, and other areas; applying certain existing financial consumer protections to new forms of financial transactions; establishing that a mobile home retailer has a duty of good faith and fair dealing; prohibiting a mobile home retailer from steering a consumer borrower to products that offer less favorable terms; etc.

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