Keywords: BANKS AND BANKING, CREDIT UNIONS, FINANCIAL INSTITUTIONS, FINANCIAL SERVICES LOAN COMPANIES, SAVINGS AND LOAN ASSOCIATIONS
Report Title: Mortgage Foreclosure Actions
Description: Provides that if a mortgagee is not delinquent on a first mortgage, then no other mortgagor shall foreclose, but instead shall restructure the delinquent loan by extending the repayment period and reducing the interest rate.
1-22-99 S Introduced and passed First Reading
1-25-99 S Referred to CPN
1-19-00 S Carried over to 2000 Regular Session.