Banking and Insurance
Primary
Mortgage Payoff Letters; Revising the timeframe within which a mortgagee or mortgage servicer must send or cause to be sent an estoppel letter containing specified information; requiring notice to the mortgagor of a request for an estoppel letter under certain circumstances; requiring a mortgagee or mortgage servicer to provide a copy of a corrected estoppel letter to a mortgagor under certain circumstances; providing that a corrected estoppel letter supersedes any previous estoppel letter under certain circumstances; prohibiting payments received pursuant to an estoppel letter from being returned and requiring such payments to be promptly applied to any unpaid balance of the loan properly due under or secured by a mortgage, etc.
Died in Messages
Indefinitely postponed and withdrawn from consideration
CS passed as amended; YEAS 39 NAYS 0
Read 3rd time
Amendment(s) adopted (579878)
In Messages
Read 2nd time
Retained on Special Order Calendar
Placed on Special Order Calendar, 03/01/22
Favorable by- Rules; YEAS 17 NAYS 0
Placed on Calendar, on 2nd reading
On Committee agenda-- Rules, 02/23/22, 9:00 am, 412 Knott Building
Original reference(s) removed: Judiciary
Now in Rules
Remaining references corrected to Rules
CS by Banking and Insurance read 1st time
Pending reference review under Rule 4.7(2) - (Committee Substitute)
CS by Banking and Insurance; YEAS 11 NAYS 0
On Committee agenda-- Banking and Insurance, 02/08/22, 3:00 pm, 37 Senate Building
Introduced
Referred to Banking and Insurance; Judiciary; Rules
Filed
| Bill Text Versions | Format |
|---|---|
| S 1016 Filed | PDF HTML |
| S 1016 c1 | PDF HTML |
| S 1016 e1 | PDF HTML |
| Document | Format |
|---|---|
| 579878 - Substitute Amendment (212610) to S 1016 c1 | PDF HTML |
| 212610 - Amendment to S 1016 c1 | PDF HTML |
| 184796 - Amendment (Delete All) to S 1016 Filed | PDF HTML |
| Bill Analysis -- Rules (Post-Meeting) (2/23/2022 4:24 PM) | |
| Bill Analysis -- Rules (Pre-Meeting) (2/21/2022 4:27 PM) | |
| Bill Analysis -- Banking and Insurance (Post-Meeting) (2/10/2022 2:20 PM) | |
| Bill Analysis -- Banking and Insurance (Pre-Meeting) (2/7/2022 2:52 PM) |
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