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New Jersey A 5389 — Exempts reverse mortgage transaction from requirement that secondary mortgage loan payments be made in equal amounts and payment periods.

New Jersey, 222. A 5389: Exempts reverse mortgage transaction from requirement that secondary mortgage loan payments be made in equal amounts and payment periods.

A 5389222 sessionAssembly

Plural source record ↗

Official legislative source ↗

Latest action

October 29, 2026 — Substituted by S1420

Summary

No summary was supplied. Use the original legislative source for the bill text.

Sponsors

Bill text

Introduced Read version ↗ Read version ↗

Statement Read version ↗ Read version ↗

Recorded votes

Reported favorably out of committee

October 5, 2026 · Assembly · pass

yes: 7 · no: 0 · other: 0

Official vote source ↗
Individual member positions (7)
MemberVote
Quijano, Annetteyes
Clifton, Robert D.yes
Lopez, Yvonneyes
Moen, William F.yes
Flynn, Victoria A.yes
Morales, Carmen Theresayes
Brennan, Katieyes

Legislative history

  1. Substituted by S1420
  2. Reported out of Assembly Committee, 2nd Reading
  3. Transferred to Assembly Housing Committee
  4. Introduced, Referred to Assembly Financial Institutions and Insurance Committee

State and local records are supplied by Plural Open (Open States), with links to original legislative sources. Coverage and update times vary. A vote passing one chamber does not mean a bill became law. State source changes are checked hourly; some detailed records may appear later because of source limits.