NC H203

Creates an alternate mortgage satisfaction form allowing secured creditors to indicate that the underlying obligation has been extinguished, effective October 1, 2012.

Upgrades simulation of court process in debt collection from Class 2 misdemeanor to Class I felony under G.S. 14-118.1.

Makes it a Class I felony to knowingly file a false lien or encumbrance against real or personal property of a public officer or public employee, with provisions allowing registers of deeds to refuse filing of suspicious liens and a court process to challenge denied filings.

Adds filing of false mortgage satisfaction documents to the residential mortgage fraud statute as a violation requiring knowledge that the document falsely claims a mortgage loan has been satisfied, discharged, released, revoked, terminated, or is invalid.

Upgrades unauthorized filing of false security agreements under Article 9 of Chapter 25 from Class 2 misdemeanor to Class I felony, and upgrades unauthorized lien filings under G.S. 44A-12.1 from Class 1 misdemeanor to Class I felony, effective December 1, 2012.