Donald Wagner
- Republican
Author
Existing law, applicable to residential mortgages, prohibits a person who negotiates, arranges, or otherwise offers to perform a mortgage loan modification or other form of mortgage loan forbearance for a fee or other compensation from, among other things, demanding or receiving any compensation until every service that the person contracted to perform or represented that he or she would perform is accomplished. Existing law makes a violation of these provisions by a natural person a misdemeanor punishable by a specified fine or imprisonment, or both. This bill would require the assessment of civil penalties for a violation of these provisions and would authorize designated state and local government officials to commence civil actions to recover those penalties. This bill would, in addition to the civil penalties described above, authorize further civil penalties for unlawful mortgage modifications perpetrated against a senior citizen or disabled person, as defined, and provide criteria for the assessment of these additional penalties. The bill would authorize a court to order the offender to pay restitution to the senior citizen or disabled person, as specified. This bill would impose a 4-year statute of limitations for actions brought pursuant to these provisions.
Chaptered by Secretary of State - Chapter 457, Statutes of 2014.
Approved by the Governor.
Enrolled and presented to the Governor at 3:30 p.m.
Assembly Rule 77 suspended. (Page 6347.)
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 6351.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 23 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 33. Noes 0. Page 4701.).
Read second time and amended. Ordered to third reading.
From committee: Do pass as amended. (Ayes 5. Noes 0.) (August 14).
In committee: Placed on APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (June 24). Re-referred to Com. on APPR.
From committee: Do pass and re-refer to Com. on PUB. S. with recommendation: to consent calendar. (Ayes 6. Noes 0.) (June 17). Re-referred to Com. on PUB. S.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.
Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 5111.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to consent calendar.
From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 14).
From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (April 28). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
From committee: Do pass and re-refer to Com. on B. & F. (Ayes 10. Noes 0.) (April 22). Re-referred to Com. on B. & F.
From printer. May be heard in committee March 20.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1730 | HTML |
| 02/14/14 - Introduced | |
| 04/23/14 - Amended Assembly | |
| 06/05/14 - Amended Senate | |
| 08/19/14 - Amended Senate | |
| 08/26/14 - Enrolled | |
| 09/19/14 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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