Introduced
by
To require that when executing a “foreclosure by advertisement” proceeding (rather than foreclosing by taking a delinquent mortgage borrower to court), 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 foreclosure sale itself, the property’s street address (not just a legal description), and more. This revises the disclosures already required under current state laws for this.
Referred to the Committee on Government Operations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Referred to the Committee on Government Operations
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Passed in the House 107 to 2 (details)
Referred to the Committee on Judiciary and Public Safety
Reported without amendment
With the recommendation that the bill pass.
Amendment offered
by
To prohibit a lender placing a foreclosure notice in a newspaper in which the owner or their agent has a controlling interest.
The amendment failed 14 to 22 (details)
Passed in the Senate 22 to 14 (details)
To require that when executing a “foreclosure by advertisement” proceeding (rather than foreclosing by taking a delinquent mortgage borrower to court), a mortgage lender or servicer must include additional details in the published foreclosure notice, including details about the foreclosure sale itself, the property’s street address (not just a legal description), and more. This revises the extensive disclosures already required under current state laws for this.
Motion to reconsider
by
The vote by which the bill was passed.
The motion passed by voice vote
Received
Amendment offered
by
To prohibit a lender placing a foreclosure notice in a newspaper in which the owner or their agent has a controlling interest.
The amendment passed by voice vote
Passed in the Senate 36 to 1 (details)
To require that when executing a “foreclosure by advertisement” proceeding (rather than foreclosing by taking a delinquent mortgage borrower to court), a mortgage lender or servicer must include additional details in the published foreclosure notice, including details about the foreclosure sale itself, the property’s street address (not just a legal description), and more. This revises the disclosures already required under current state laws for this.
Passed in the House 103 to 2 (details)
