Introduced in the Senate on May 24, 2011, to extend for another six months the July, 2011 sunset on a 2009 law that forces mortgage lenders to attempt to negotiate revisions in the terms of loans held by delinquent borrowers, before they can proceed to a “foreclosure by advertisement” (instead of the more costly judicial foreclosure process)
The vote was 38 in favor, 0 opposed and 0 not voting
(Senate Roll Call 300 at Senate Journal 0)
Click here to view bill details.