2018 Senate Bill 1102

Revise mortgage “foreclosure by advertisement” details

Introduced in the Senate

Sept. 5, 2018

Introduced by Sen. Rick Jones (R-24)

To require when executing a “foreclosure by advertisement” proceedings, a mortgage lender or servicer must include additional details in the published foreclosure notice, including contact information for the lender's lawyer, details about the auction itself, the property’s street address and more. This revises the extensive disclosures on this already required under current state laws.

Referred to the Committee on Regulatory Reform

Oct. 2, 2018

Reported without amendment

With the recommendation that the bill pass.

Nov. 29, 2018

Passed in the Senate 37 to 1 (details)

Motion to reconsider by Sen. Mike Kowall (R-15)

The vote by which the bill was passed.

The motion passed by voice vote

Received

Passed in the Senate 38 to 0 (details)

Received in the House

Nov. 29, 2018

Referred to the Committee on Regulatory Reform