LD 735 (subjects: REAL ESTATE , FORECLOSURE )
Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=735&PID=1456&snum=127
- Rep. Justin Chenette of Saco: (D – District 15) — e-mail | Twitter | Facebook
Rep. Raymond Wallace of Dexter: (R – District 104) — e-mail | Facebook
Sen. Rodney Whittemore of Somerset: (R – District 3) — e-mail | Facebook
Sen. Anne Haskell of Cumberland: (D – District 28) — e-mail | Facebook
|3/5/2015||Senate||Committee on INSURANCE AND FINANCIAL SERVICES
suggested and ordered printed
On motion by Senator Whittemore of Somerset REFERRED to the Committee on INSURANCE AND FINANCIAL SERVICES
Ordered sent down forthwith for concurrence.
On motion of Representative BECK of Waterville, the Bill was TABLED pending REFERENCE in concurrence.
Later today assigned.
|3/11/2015||House||Speaker laid before the House
Subsequently, the Bill was REFERRED to the Committee on JUDICIARY.
In NON-CONCURRENCE and sent for concurrence.
ORDERED SENT FORTHWITH.
|3/12/2015||Senate||On motion by Senator MASON of Androscoggin The Senate RECEDED and CONCURRED To REFERENCE to the Committee on JUDICIARY , in concurrence.|
|5/21/2015||Senate||Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)|
An Act To Establish a Voluntary Preforeclosure Mediation Program
Sec. 1. 14 MRSA 6113 is enacted to read:
6113. Voluntary preforeclosure mediation
Sec. 2. 14 MRSA 6321-A, sub- 2, B and C, as enacted by PL 2009, c. 402, 18, are amended to read:
Sec. 3. 14 MRSA 6321-A, sub- 2, D is enacted to read:
Sec. 4. 14 MRSA 6321-A, sub- 7, C, as enacted by PL 2009, c. 402, 18, is amended to read:
This bill provides Maine consumers with an opportunity to avoid home mortgage foreclosure by participating in mediation at an early stage of default before foreclosure has commenced. A mortgagee may request a mortgagor to participate in preforeclosure mediation if the property subject to the mortgage is owner-occupied residential property of 4 or fewer units, and the mortgage payment is at least 35 days late. A mortgagor who participates or who fails or refuses to participate in the preforeclosure mediation program is not entitled to participate in the existing foreclosure mediation program. Current law provides for foreclosure mediation only after a foreclosure has been filed in court.
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This information about LD 735 was last updated on 2016-05-12.
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