CS/SB 1706: Servicers and Lenders of Residential Mortgage Loans
GENERAL BILL by Banking and Insurance ; Garcia ; (CO-INTRODUCERS) Taddeo
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.
Last Action: 3/14/2022 Senate - Died in Judiciary
Bill Text: Web Page | PDF
- Banking and Insurance (BI)
- Judiciary (JU)
- Rules (RC)
Bill History
Date | Chamber | Action |
---|---|---|
1/7/2022 | Senate |
• Filed |
1/12/2022 | Senate |
• Referred to Banking and Insurance; Judiciary; Rules -SJ 147 |
1/18/2022 | Senate |
• Introduced -SJ 146 |
2/3/2022 | Senate |
• On Committee agenda-- Banking and Insurance, 02/08/22, 3:00 pm, 37 Senate Building |
2/8/2022 | Senate |
• CS by Banking and Insurance; YEAS 10 NAYS 1 -SJ 364 |
2/10/2022 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) • CS by Banking and Insurance read 1st time -SJ 367 |
2/11/2022 | Senate |
• Now in Judiciary |
3/12/2022 | Senate |
• Indefinitely postponed and withdrawn from consideration |
3/14/2022 | Senate |
• Died in Judiciary |