HB6951 Summary

• Requires plaintiffs to comply with all applicable federal, state, local, and contractual loss mitigation programs before initiating residential foreclosure, including the federal Home Affordable Modification Program (HAMP).

• Mandates detailed affidavits in foreclosure proceedings specifying the affiant's personal knowledge basis, data systems queried, and accuracy of information, with special requirements for missing notes.

• Requires every foreclosure complaint to include a loss mitigation affidavit describing which programs apply to the mortgage and detailing all steps taken to assess loan modification eligibility.

• Requires foreclosure judgments to include court findings that the plaintiff complied with applicable loss mitigation requirements, or that no such requirements apply; court must stay proceedings if plaintiff has not complied.

• Becomes effective immediately upon passage.