Introduced
by
To require a certification to be filed attesting that the new notice and record-keeping requirements that Senate Bill 1667 would impose on lenders or loan servicers before foreclosure proceedings could begin have been complied with, and if they have not been, give courts the power to dismiss a foreclosure action and order the plaintiff to pay the non-performing lender’s costs.
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that streamlines the required procedures but in general not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 21 to 15 (details)
To require the new notice and record-keeping requirements that House Bill 6615 would impose on lenders or loan servicers before foreclosure proceedings could begin before the foreclosure could take place.
Referred to the Committee on Banking and Financial Services
