CT SB00396

Mortgagees must notify consumer reporting agencies of a mortgagor's good standing upon request if the mortgagor meets specified conditions.

Mortgagor must have successfully completed the foreclosure mediation program established under Connecticut General Statutes section 49-31m.

Mortgagor must have remained current on all mortgage payments for three or more years following completion of the foreclosure mediation program.

"Good standing" is defined as having paid each mortgage payment in a timely fashion as determined by the mortgagee.

Effective date is July 1, 2014.