Banking Committee

JOINT FAVORABLE REPORT

Bill No.:

SB-391

Title:

AN ACT ELIMINATING THE REQUIREMENT THAT A MORTGAGOR REPRESENTED BY COUNSEL ATTEND THE FIRST FORECLOSURE MEDIATION SESSION IN PERSON.

Vote Date:

3/20/2018

Vote Action:

Joint Favorable

PH Date:

3/6/2018

File No.:

Disclaimer: The following JOINT FAVORABLE Report is prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose.

SPONSORS OF BILL:

Banking Committee.

REASONS FOR BILL:

This bill makes a technical change to the foreclosure mediation program by eliminating the requirement that mortgagors represented by counsel attend the first foreclosure mediation session in person.

RESPONSE FROM ADMINISTRATION/AGENCY:

Judicial Branch

The Judicial branch is in support of this bill, stating that it was an unintentional oversight not to have applied this provision to current cases.

NATURE AND SOURCES OF SUPPORT:

Jeff Gentes, Connecticut Fair Housing Center

Mr. Gentes expressed support for this bill as it makes a technical change that reflects a change that was to be implemented a couple of years ago regarding the Foreclosure Mediation Program.

NATURE AND SOURCES OF OPPOSITION:

None expressed (in opposition to SB 391).

Reported by: Sara LeMaster

Date: 3/27/2018