Connecticut Seal

General Assembly

 

Proposed Bill No. 6068

 

January Session, 2013

 

LCO No. 1740

   

Referred to Committee on BANKS

 

Introduced by:

 

REP. LOPES, 24th Dist.

 

AN ACT CONCERNING A MODERN METHOD OF FORECLOSURE.

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

That the general statutes be amended to create a mechanism for faster approval of short sales, as defined in section 36a-671 of the general statutes, and discouraging a mortgage servicer or lender from recording a notice of default or notice of sale, or from conducting a trustee sale, if a foreclosure prevention alternative is pending.

Statement of Purpose:

To provide a mechanism for faster approval of short sales and discouraging dual tracking of short sale and foreclosure matters by all mortgage lenders.