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

{"id": "ocd-bill/0eeaeb31-2cc8-4ee9-b591-ee613639b18c", "session": "222", "jurisdiction": {"id": "ocd-jurisdiction/country:us/state:nj/government", "name": "New Jersey", "classification": "state"}, "from_organization": {"id": "ocd-organization/0461b3ba-ecad-4ed3-bc89-056dbaa698d1", "name": "Senate", "classification": "upper"}, "identifier": "S 1420", "title": "Exempts reverse mortgage transaction from requirement that secondary mortgage loan payments be made in equal amounts and payment periods.", "classification": ["bill"], "subject": [], "extras": {}, "created_at": "2026-01-23T01:21:49.274033+00:00", "updated_at": "2026-05-20T04:33:24.265906+00:00", "openstates_url": "https://openstates.org/nj/bills/222/S1420/", "first_action_date": "2026-01-13T05:00:00+00:00", "latest_action_date": "2026-05-18T04:00:00+00:00", "latest_action_description": "Reported from Senate Committee, 2nd Reading", "latest_passage_date": ""}