| COSPNSR | Magnarelli, Reyes, Cunningham, Glick, Solages, Schiavoni, Wright, Kassay, Carroll P, Raga,
Lunsford, Valdez, Stirpe, Lupardo, McMahon, Cashman, Clark, Bronson, Hevesi, Lavine, Forrest,
Hyndman, Anderson, Lee, O'Pharrow, Alvarez, De Los Santos, Hooks, Sayegh, Jensen |
| Enacts the "deed protection act" in relation to prohibiting a mortgage banker or mortgage loan servicer from commencing, maintaining, or proceeding with a foreclosure action on a mortgage loan where such mortgage banker or mortgage loan servicer knows or has reason to know that the mortgage securing such loan is dependent on a deed, conveyance, or other instrument affecting title to residential real property that was procured by fraud, forgery, or other unlawful means. |
