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CT HB06068

Bill

Status

Introduced

1/25/2013

Primary Sponsor

Rick Lopes

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Creates a mechanism for faster approval of short sales as defined in section 36a-671 of the general statutes
  • Discourages mortgage servicers or lenders from recording a notice of default or notice of sale while a foreclosure prevention alternative is pending
  • Prevents dual tracking by prohibiting lenders from simultaneously pursuing both short sale and foreclosure proceedings
  • Referred to the Committee on Banks during the January 2013 session
  • Introduced by Rep. Lopes of the 24th District

Legislative Description

An Act Concerning A Modern Method Of Foreclosure.

Last Action

Referred to Joint Committee on Banks

1/25/2013

Committee Referrals

Banks1/25/2013

Full Bill Text

No bill text available