Banking and Insurance
Primary
Servicers and Lenders of Residential Mortgage Loans; Requiring that periodic statements for residential mortgage loans follow specified laws; specifying that certain entities are not exempt from such laws; prohibiting a mortgage servicer from assessing certain charges or fees relating to lender-placed insurance on a borrower unless specified requirements are met; requiring mortgage servicers and mortgage lenders to assume duties and obligations relating to previously approved first lien loan modifications, foreclosure prevention alternatives, and other loan modifications under certain circumstances; prohibiting mortgage servicers and mortgage lenders from commencing certain civil actions, recording specified notices, or conducting foreclosure sales unless specified conditions are met, etc.
Died in Judiciary
Indefinitely postponed and withdrawn from consideration
Now in Judiciary
Pending reference review under Rule 4.7(2) - (Committee Substitute)
CS by Banking and Insurance read 1st time
CS by Banking and Insurance; YEAS 10 NAYS 1
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 1706 Filed | PDF HTML |
| S 1706 c1 | PDF HTML |
| Document | Format |
|---|---|
| 453068 - Amendment to S 1706 Filed | PDF HTML |
| Bill Analysis -- Banking and Insurance (Post-Meeting) (2/10/2022 3:00 PM) | |
| Bill Analysis -- Banking and Insurance (Pre-Meeting) (2/7/2022 2:53 PM) |
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