Bill Text: DE HB59 | 2009-2010 | 145th General Assembly | Draft
Bill Title: An Act To Amend Volume 57, Chapter 504, Laws Of Delaware, As Amended, Entitled "an Act To Incorporate The Town Of Henlopen Acres", Sections 21, 21.a, 22, And 23, To Update The Procedure For Assessment And Appeal Of Taxes.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2009-06-16 - Signed by Governor [HB59 Detail]
Download: Delaware-2009-HB59-Draft.html
|
SPONSOR: |
Rep. Keeley & Rep. Kowalko & Rep. Gilligan & Rep. Ramone & Rep. Briggs King & Sen. Hall-Long |
|
Reps. Blakey, Bolden, Brady, Heffernan, Jaques, Kenton, Longhurst, Miro, Mitchell, Mulrooney, Peterman, D. Short, Wilson; Sens. Blevins, McDowell |
|
HOUSE OF REPRESENTATIVES 146th GENERAL ASSEMBLY |
|
HOUSE BILL NO. 59 |
|
AN ACT TO AMEND CHAPTER 25, TITLE 29 OF THE DELAWARE CODE RELATING TO CONSUMER PROTECTION. |
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Three-fifths of all members elected to each house thereof concurring therein):
Section 1.Amend Chapter 25 of Title 29 of the Delaware Code by adding a new section designated §518 as follows:
"§518. Office of Foreclosure Prevention and Financial Education.
(a)The Office of Foreclosure Prevention and Financial Education is hereby established within the Division of Consumer Protection under the direction and control of the Director.
(b) The Office of Foreclosure Prevention and Financial Education is established for the following purposes:
(1)To develop and implement programs to educate the public about foreclosure prevention and financial literacy;
(2)To identify mortgage foreclosure fraud or other deceptive practices;
(3)To provide for opportunities for borrowers to meet with lenders through outreach events or mediation programs;
(4)To establish a toll-free telephone number to receive complaints from homeowners at risk of default for appropriate referral or intervention;
(5)To serve as a liaison between borrowers and lenders when complex issues may be impeding loss mitigation efforts; and
(6)To promote coordination among government and private programs and lenders including, but not limited to, HUD approved housing counseling agencies, legal aid providers, and other non-profit consumer advocates.
(c) The structure of the Office of Foreclosure Prevention and Financial Education will be determined by the Attorney General and include a Foreclosure Outreach Coordinator and two administrative specialists."
Section 2. This Act shall be effective immediately upon its enactment into law and shall continue to have effect until the date that is three years after such effective date.
SYNOPSIS
|
This bill provides for an Office within the Division of Consumer Protection to identify mortgage foreclosure fraud, to reduce foreclosure, and to promote financial literacy. In addition, the Office will receive calls from borrowers in default and make appropriate referrals to housing counselors or other agencies.The Outreach Coordinator will be responsible for acting as a liaison with servicers in some circumstances and participating as necessary in any mediation activity. The Office will exist for a period of three years from the date it is created pursuant to this bill. |
