Wednesday, February 29, 2012

Foreclosure Bills - 2/29/12

HB1875 HD1 - Relating to Foreclosures. This bill would implement the recommendations of the 2011 Mortgage Foreclosure Task Force, and make substantive changes to the existing Act 48.
Testimony here.

HB2018 HD1 - Relating to Foreclosures. This bill would address the unfair and deceptive act or practice issue, by repealing the UDAP provisions in Act 48, and then placing them back into effect after the sunset date of the mortgage foreclosure dispute resolution program that was enacted in Act 48.
Testimony here.

HB2019 - Relating to Mortgages. This bill would prohibit deficiency judgements to recover the remaining balance on a short sale.
Testimony here.