Bill Title: As introduced, requires mandatory mediation between a bank or other financial institution and a borrower before foreclosure proceedings may be instituted on a deed of trust, mortgage, or other lien securing the payment of money or other thing of value. - Amends TCA Title 35 and Title 45.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-04-06 - Taken Off Notice For Cal. in s/c Commerce Subcommittee of Commerce Committee [HB1522 Detail]

Text: Latest bill text (Draft #2) [PDF]

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