Connecticut Seal

General Assembly

 

Proposed Bill No. 6223

 

January Session, 2011

 

LCO No. 1269

   

Referred to Committee on Banks

 

Introduced by:

 

REP. REBIMBAS, 70th Dist.

 

AN ACT REQUIRING PROOF OF OWNERSHIP OF A MORTGAGE NOTE AT FIRST FORECLOSURE MEDIATION SESSION.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 49-31n of the general statutes be amended to require a mortgagee participating in the foreclosure mediation program to offer proof at the first mediation session that such mortgagee is the rightful owner of the underlying mortgage note.

Statement of Purpose:

To improve the foreclosure mediation program.