H.B. No. 5207
Session Year 2023


AN ACT CONCERNING THE DELIVERY OF MORTGAGE MODIFICATIONS UNDER THE EZEQUIEL SANTIAGO FORECLOSURE MEDIATION PROGRAM.

To: (1) Require a mortgagee that agrees to modify a mortgage pursuant to the Ezequiel Santiago Foreclosure Mediation Program to deliver such modification to the mortgagor at least fifteen business days prior to the first payment due date under such modification; (2) provide that the failure to timely deliver a modification shall constitute grounds for a court to order certain relief; and (3) provide that any failure to reissue or otherwise correct a modification may constitute (A) a defense to a foreclosure action, and (B) an unfair trade practice.


Other Bills with Similar Topics