2015 Senate Bill 677

Restrict “foreclosure by advertisement”

Introduced in the Senate

Dec. 15, 2015

Introduced by Sen. Curtis Hertel (D-23)

On certain delinquent mortgages to prohibit “foreclosure by advertisement” (instead of the more costly judicial foreclosure process) for certain owner-occupied residences that contain one to four rental units.

Referred to the Committee on Banking and Financial Institutions