MS HB241 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 5 2019 - 100% progression
Action: 2019-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Establish The Homeowner's Emergency Mortgage Assistance Program, Which Shall Be Administered By The Mississippi Home Corporation; To Authorize The Corporation To Make Loans To Mississippi Residents Who Are Eligible Under This Act; To Provide That Before A Mortgagee May Accelerate The Maturity Of A Mortgage Obligation Covered Under This Act Or Begin Any Mortgage Foreclosure, Certain Notice Must Be Given To The Mortgagor And A Determination Must Have Been Made On The Mortgagor's Application For Emergency Mortgage Assistance Payments; To Provide That Foreclosure Actions On Mortgages Covered Under This Act Shall Be Temporarily Stayed; To Specify The Requirements For Giving Notice To The Mortgagor; To Specify The Requirements For Eligibility For Assistance With Respect To A Mortgage Under This Act; To Provide That The Corporation Shall Pay To A Mortgagee The Full Amount Due Under The Terms Of A Mortgage Of A Mortgagor Who Is Eligible For Assistance Under This Act; To Provide That The Corporation Shall Enter Into Agreements With Mortgagors Who Receive Assistance Under This Act For The Repayment Of That Assistance; To Require All Mortgagors Who Receive Assistance Under This Act To Receive Consumer Credit Counseling; To Create The Homeowner's Emergency Mortgage Assistance Fund In The State Treasury; And For Related Purposes.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Homeowner's Emergency Mortgage Assistance Program; establish.

Sponsors


History

DateChamberAction
2019-02-05HouseDied In Committee
2019-01-14HouseReferred To Appropriations

Mississippi State Sources


Bill Comments

feedback