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---
type: "Bill"
title: "MS S.A.F.E. Mortgage Act; remove repealer, clarify record keeping requirements, clarify estimate of costs provided to borrower."
description: "MS S.A.F.E. Mortgage Act; remove repealer, clarify record keeping requirements, clarify estimate of costs provided to borrower."
jurisdiction: "us/states/ms"
legislature: "Mississippi Legislature"
session: "2020"
identifier: "SB 2427"
citation: "Mississippi SB 2427 (2020)"
classification: ["bill"]
subjects: ["Banking and Financial Services", "Business and Financial Institutions"]
status: "enacted"
primary_sponsors: ["Parks"]
version_count: 3
action_count: 11
vote_count: 2
first_action: "2020-02-14T06:00:00+00:00"
last_action: "2020-06-11T05:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/9ca3e0a0-4b2d-4efa-88dc-0940f2e7acee"
source_url: "http://billstatus.ls.state.ms.us/2020/pdf/Senate_authors/Parks.xml"
source_hash: "cc8c923dff58bbabacac29baa9432f88c7a2faa762d2abfe90eaa228a1777ffb"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ms"]
---
# Mississippi SB 2427 (2020) — MS S.A.F.E. Mortgage Act; remove repealer, clarify record keeping requirements, clarify estimate of costs provided to borrower.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **As Introduced** (filed) — [source](http://billstatus.ls.state.ms.us/documents/2020/html/SB/2400-2499/SB2427IN.htm)
2. **As Passed the upper** (committee substitute) — [source](http://billstatus.ls.state.ms.us/documents/2020/html/SB/2400-2499/SB2427PS.htm)
3. **Current version** (committee substitute) — [source](http://billstatus.ls.state.ms.us/documents/2020/html/SB/2400-2499/SB2427SG.htm)
## Votes
- Passage — **1150** (pass) · lower
- Passage — **510** (pass) · upper
## Sponsors
- Parks — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2020-02-14T06:00:00+00:00** Referred To Business and Financial Institutions `referral-committee`
- **2020-02-27T06:00:00+00:00** Title Suff Do Pass `committee-passage`
- **2020-03-05T06:00:00+00:00** Passed `passage`
- **2020-03-06T06:00:00+00:00** Transmitted To House `introduction`
- **2020-03-25T05:00:00+00:00** Referred To Banking and Financial Services `referral-committee`
- **2020-05-27T05:00:00+00:00** Title Suff Do Pass `committee-passage`
- **2020-06-02T05:00:00+00:00** Passed `passage`
- **2020-06-03T05:00:00+00:00** Returned For Enrolling
- **2020-06-04T05:00:00+00:00** Enrolled Bill Signed
- **2020-06-04T05:00:00+00:00** Enrolled Bill Signed
- **2020-06-11T05:00:00+00:00** Approved by Governor `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9ca3e0a0-4b2d-4efa-88dc-0940f2e7acee`. Confidence: reported (aggregated from official Mississippi legislature records).