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FL S0126

Bill

Status

Failed

5/2/2014

Primary Sponsor

Darren Soto

Click for details

Origin

Senate

2014 Regular Session

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