Mortgages; authorize lenders to mortgagors to make additional mortgage payments
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Mortgages; authorize lenders to mortgagors to make additional mortgage payments” Read the full text
2026 regular session
What it does
This act: (1) authorizes mortgage servicers to allow mortgagors to make biweekly mortgage payments, where any amount paid in excess must be applied to the loan principal; (2) authorizes mortgage servicers to allow mortgagors to make semimonthly payments in the amount of half of the monthly payment; (3) authorizes mortgage servicers to allow mortgagors, after notifying the servicer, to submit payments to reduce escrow shortages; and (4) only applies to consumer mortgages originated after October
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Enacted (latest official status) · Jan 13, 2026
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
1
sponsor on the bill
Sponsors
Hollis
Recorded votes
Recorded voteSenate · 2026-04-08 · yeas 30, nays 0, abstains 0
Recorded voteHouse · 2026-03-04 · yeas 104, nays 0, abstains 0
Recorded voteHouse · 2026-03-04 · yeas 105, nays 0, abstains 0
Recorded voteHouse · 2026-03-04 · yeas 104, nays 0, abstains 0
Recorded voteHouse · 2026-03-04 · yeas 102, nays 0, abstains 0
Roll-call results shown verbatim from the Alabama legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Enacted.