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CT HB05369
Bill
Status
2/25/2010
Primary Sponsor
John Hetherington
Click for details
AI Summary
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Extends the foreclosure mediation program deadline from July 1, 2010 to July 1, 2012 for residential mortgage foreclosures with return dates between July 1, 2009 and June 30, 2012.
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Requires mortgagees to provide mortgagors with contact information for settlement authority (including mortgagee, mortgage servicer, and agent) on or before the first mediation session.
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Mandates mortgagees bring itemized lists of all fees, costs, attorney's fees, and overdue amounts to mediation sessions, with updated lists at subsequent sessions.
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Establishes court authority to sanction mortgagors, mortgagees, or attorneys who fail to make good-faith efforts during mediation.
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Maintains existing mediation procedures including first session within 15 business days, mediator determination of further mediation benefit within 2 days, and automatic termination upon mediator report filing.
Legislative Description
An Act Concerning Foreclosure Mediation.
Last Action
Tabled for the Calendar, House
4/20/2010