Raised Bill No. 823 - Summary

• Extends Connecticut's foreclosure mediation program deadline from July 1, 2019, to June 30, 2023, for residential properties and religious organization properties with applicable return dates.

• Requires mortgagees to provide notice of the mediation program to mortgagors and mandates a mediation request form be attached to foreclosure complaints, with mortgagors having 15 days after return date to request mediation.

• Establishes mediation period limits of up to 7 months or 3 mediation sessions (whichever is earlier), with court discretion to extend for additional sessions upon finding good cause.

• Prohibits entry of strict foreclosure or foreclosure sale judgments until mediation period expires or terminates, and requires parties to comply with mediation obligations including document submission and appearance requirements.

• Requires the Chief Court Administrator to submit annual summaries of mediation program data to the joint standing committee on banking through March 1, 2023.