HB1515

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Residential Property - Foreclosure Timelines and Procedures

Sponsored by:

Delegate Lafferty

Status:

In the House - Unfavorable Report by Environment and Transportation


Synopsis:Altering requirements for a specified final loss mitigation affidavit; altering the timeline for filing an action to foreclose a mortgage or deed of trust on residential property; requiring a specified notice of intent to foreclose to be accompanied by a loss mitigation application for specific loss mitigation programs that are applicable to a specified loan; requiring an order to docket or a complaint to foreclose a mortgage or deed of trust on residential property to include a specified affidavit; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Lafferty
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2017
Committee(s):
Environment and Transportation  View Committee Hearing
Broad Subject(s):Real Property
Narrow Subject(s):Administrative Hearings, Office of
Disclosure
Foreclosure
Loans -see also- Mortgages
Mediation -see also- Arbitration
Mortgages
Notices
Real Property
Statutes:Article - Real Property
(7-105.1, 7-105.2)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 9:14 A.M.