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HI HB2375

Bill

Status

Passed

6/29/2012

Primary Sponsor

Ryan Yamane

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Requires the Office of Consumer Protection to educate consumers about fraudulent mortgage rescue activities targeting homeowners facing foreclosures, liens, or encumbrances.

  • Establishes criminal penalties and mandatory fines for violations of the Mortgage Rescue Fraud Prevention Act, supplementing existing civil enforcement provisions.

  • Targets scam artists who prey on vulnerable homeowners in financial distress by offering fraudulent foreclosure rescue services.

  • Deleted a provision requiring deposits of civil and criminal fines into a compliance resolution fund as unnecessary.

Legislative Description

Property Foreclosures, Liens, and Encumbrances; Mortgage Rescue Fraud Prevention Act

Last Action

(S) Act 183, 6/28/2012 (Gov. Msg. No. 1286).

6/29/2012

Committee Referrals

Consumer Protection & Commerce3/8/2012
Finance2/14/2012
Consumer Protection & Commerce1/25/2012

Full Bill Text

No bill text available