Bill Title: Provides for mediation in foreclosure actions for fundamentally unaffordable mortgage loans, provides for a tax credit for banks that renegotiate loans; directs the banking board to promulgate rules and regulations further defining mediation requirements.

Spectrum: Partisan Bill (Democrat 22-0)

Status: (Introduced - Dead) 2012-01-04 - referred to judiciary [A07277 Detail]

Text: Latest bill text (Introduced) [HTML]

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