Business

Kansas Senate Approves Bill To Phase Out Mortgage Registration Fees

KMUW | By Associated Press
Published March 20, 2014 at 10:45 AM CDT
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Kansas senators have approved a bill that repeals fees for mortgage registration.

The bill would phase out fees lenders pay to county governments over five years, based on the cost of a mortgage for a residential or commercial property.

The measure offsets some of the lost revenue with an increased document filing fee for deeds and mortgages.

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Associated Press
The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
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