Exempts reverse mortgage transaction from requirement that secondary mortgage loan payments be made in equal amounts and payment periods.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

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Chamber: Senate
Introduced: Jan 13, 2026
Last action: May 28, 2026 — Received in the Assembly, Referred to Assembly Housing Committee
Session: 222
Momentum: 44 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Floor Consideration — base rate 18%, measured from NJ's completed sessions
Momentum -1 44/100 from the pace of recorded action
Time since last action -19 136 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.