Connecticut SB00217 requires mortgagees to accept monthly, semimonthly, or biweekly mortgage payments.
Connecticut SB00217 mandates that mortgagees accept mortgage payments tendered by mortgagors on a monthly, semimonthly, or biweekly basis. The bill defines "biweekly" as occurring every two weeks and "semimonthly" as occurring twice each month. This change applies to mortgage loans made on or after October 1, 2026.
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