CT HB05478 | 2021 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 25 2021 - 25% progression, died in committee
Action: 2021-01-25 - Referred to Joint Committee on Banking
Pending: Joint Banking Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To (1) prevent a mortgagee from placing a lien against or foreclosing upon property for any mortgage loan default caused by a missed installment payment between March 1, 2020, and September 30, 2021, and (2) require the mortgagee to add any such missed installment payment to the mortgage loan balance and extend the term of the loan.

Tracking Information

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Title

An Act Prohibiting Foreclosures For Certain Mortgage Loan Defaults.

Sponsors


History

DateChamberAction
2021-01-25HouseReferred to Joint Committee on Banking

Connecticut State Sources


Bill Comments

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