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FL S0126
Bill
AI Summary
- Creates the "Florida Mortgage Collection Fairness Act" establishing section 501.1379, Florida Statutes.
- Defines "mortgage collection firm" as an attorney, law firm, or person engaged in debt collection services for residential mortgage foreclosures.
- Prohibits mortgage collection firms from knowingly offering false evidence in residential mortgage foreclosure proceedings.
- Classifies violations as deceptive and unfair trade practices subject to penalties, remedies, and reasonable attorney fees and costs under the Florida Deceptive and Unfair Trade Practices Act.
- Takes effect July 1, 2014.
Legislative Description
Residential Foreclosure Proceedings
Last Action
Died in Banking and Insurance
5/2/2014
Committee Referrals
Banking and Insurance9/11/2013
Full Bill Text
No bill text available