HB 1453: Mortgage Foreclosure
GENERAL BILL by Randolph
Mortgage Foreclosure; Provides for automatic stay of foreclosure proceedings concerning owner-occupied residential property upon submission of proof owner is currently receiving unemployment compensation benefits; provides for remedies in foreclosure proceeding concerning residential property upon finding holder of mortgage or corporation hired to service or collect payments on mortgage has engaged in fraudulent or bad faith act in relation to mortgage; prohibits deficiency judgments following foreclosures of homestead property.
Effective Date: 7/1/2012
Last Action: 3/9/2012 House - Died in Civil Justice Subcommittee
Bill Text: PDF
Last Action: 3/9/2012 House - Died in Civil Justice Subcommittee
Bill Text: PDF
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Bill History
Date Chamber Action 1/10/2012 House • Filed
• Introduced -HJ 145
1/12/2012 House • Referred to Civil Justice Subcommittee; Insurance and Banking Subcommittee; Justice Appropriations Subcommittee; Judiciary Committee -HJ 216
3/9/2012 House • Died in Civil Justice Subcommittee
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HB 1453, Original Filed Version (Current Bill Version) Posted 1/10/2012 at 9:54 AM
Bill Text: PDF Analyses: None Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 702.06 Deficiency decree; common-law suit to recover deficiency. Page 2 (pdf)