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]
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.
Title
Nonfederal Residential Mortgage Loans – Forbearance During a State of Emergency and Catastrophic Health Emergency for COVID–19
Sponsors
| Del. Jay Jalisi [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-01 | House | First Reading House Rules and Executive Nominations |
Subjects
Communications
COVID-19
Emergencies
Emergency Bills
Fees
Health
Interest
Mortgages
Notices
Real Property
Residential Property
Sunset
Time
COVID-19
Emergencies
Emergency Bills
Fees
Health
Interest
Mortgages
Notices
Real Property
Residential Property
Sunset
Time
Maryland State Sources
| Type | Source |
|---|---|
| Summary | http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1370?ys=2021RS |
| Text | http://mgaleg.maryland.gov/2021RS/bills/hb/hb1370f.pdf |
