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Rep. Cynthia Thielen on SB 651 Mortgage Foreclosures

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Uploaded on Apr 15, 2011

excerpts from Capitol TV April 12, 2011

RELATING TO MORTGAGE FORECLOSURES.
Report Title: Mortgage Foreclosures
Description: Establishes a temporary mortgage foreclosure dispute resolution program. Implements recommendations of the mortgage foreclosure task force relating to conversion from nonjudicial to judicial foreclosure. Strengthens laws regarding mortgage servicers. Repeals the old nonjudicial foreclosure process. Strengthens and clarifies the new nonjudicial foreclosure process. Effective July 1, 2050. (SB651 HD2)
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