MD HB1370 | 2021 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 1 2021 - 25% progression
Action: 2021-03-01 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring, not less than 60 days before sending a notice of foreclosure, a nonfederal mortgage lender or servicer of residential property to notify a borrower of the borrower's right to request a forbearance under certain circumstances; authorizing a borrower to request a forbearance within 90 days after receiving the notice; etc.

Tracking Information

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Title

Nonfederal Residential Mortgage Loans – Forbearance During a State of Emergency and Catastrophic Health Emergency for COVID–19

Sponsors


History

DateChamberAction
2021-03-01HouseFirst Reading House Rules and Executive Nominations

Subjects


Maryland State Sources


Bill Comments 750

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