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A00092 Summary:
BILL NO | A00092A |
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SAME AS | SAME AS S05017-A |
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SPONSOR | Perry |
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COSPNSR | Galef, Montesano |
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MLTSPNSR | |
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Add §6-n, Bank L | |
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Requires a bank or financial institution selling or transferring a mortgage during a modification process to provide the borrower with a written list of all documents relating to such application for modification that were provided to the bank or financial institution to which such mortgage was sold or transferred; and relates to the obligations of subsequent mortgage servicer shall assume all duties and obligations related to any previously approved first lien loan modification or other foreclosure prevention alternative. |