2013 House Bill 4800

Empower courts to modify certain mortgage contracts

Introduced in the House

June 4, 2013

Introduced by Rep. Andy Schor (D-68)

To give courts the power to modify the contractual terms of a delinquent mortgage on an owner-occupied 1-to-4 unit residential property, if a court determines the lender has engaged in certain inappropriate actions specified in the bill.

Referred to the Committee on Financial Services