Enhances access to certain foreclosure counseling services.
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to improve access to foreclosure counseling services for homeowners in New Jersey. It expands the availability of these services by ensuring they are accessible regardless of whether a homeowner participates in foreclosure mediation. The bill establishes a dedicated fund for these counseling services and requires lenders to notify the Housing and Mortgage Finance Agency when providing a notice of intention to foreclose, facilitating outreach to homeowners needing assistance. It also clarifies the role of trained counselors in providing support to homeowners facing foreclosure.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Introduced
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours