Homeowners will now have 30 days from the time that they get an initial letter from their lenders to respond and ask for a period of time called “meet and confer.” If they do, they’ll get 60 days to talk with their lender and counselors before the lender can issue a notice of default, followed by a notice of trustee sale.
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History of Billas of Thursday, April 14, 2011 1:16 PM |
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| Sponsors: | Representatives Orwall, Hope, Rolfes, Moeller, Liias, Probst, Green, Darneille, Frockt, Kirby, Miloscia, Roberts, Hunt, Dickerson, Upthegrove, Fitzgibbon, Kagi, Eddy, Hasegawa, Pettigrew, Ormsby, Sells, Kenney, Cody, Hudgins, Lytton, Moscoso, Ryu, Appleton, Reykdal, Van De Wege, Carlyle, Dunshee, Santos, McCoy, Tharinger, Haigh, Goodman, Jinkins, Jacks, Takko, Sullivan, Blake, Seaquist, Billig, Stanford, Ladenburg, Finn, Pedersen | ||
| Companion Bill: | SB 5275 | ||
| 2011 REGULAR SESSION | |||
| Jan 19 | First reading, referred to Judiciary. (View Original Bill) | ||
| Jan 26 | Public hearing in the House Committee on Judiciary at 8:00 AM. (Committee Materials) | ||
| Feb 3 | Executive session scheduled, but no action was taken in the House Committee on Judiciary at 10:00 AM. (Committee Materials) | ||
| Feb 17 | Executive action taken in the House Committee on Judiciary at 10:00 AM. (Committee Materials) | ||
| JUDI – Executive action taken by committee. | |||
| JUDI – Majority; 1st substitute bill be substituted, do pass. (View 1st Substitute) (Majority Report) | |||
| Referred to Ways & Means. | |||
| Feb 23 | Public hearing in the House Committee on Ways & Means at 1:30 PM. (Committee Materials) | ||
| Feb 25 | Executive action taken in the House Committee on Ways & Means at 1:30 PM. (Committee Materials) | ||
| WAYS – Executive action taken by committee. | |||
| WAYS – Majority; 2nd substitute bill be substituted, do pass. (View 2nd Substitute) (Majority Report) | |||
| Minority; do not pass. (Minority Report) | |||
| Passed to Rules Committee for second reading. | |||
| Mar 1 | Placed on second reading by Rules Committee. | ||
| Mar 2 | 2nd substitute bill substituted (WAYS 11). (View 2nd Substitute) | ||
| Rules suspended. Placed on Third Reading. | |||
| Third reading, passed; yeas, 83; nays, 13; absent, 0; excused, 2. (View Roll Calls) | |||
| IN THE SENATE | |||
| Mar 4 | First reading, referred to Financial Institutions, Housing & Insurance. | ||
| Mar 16 | Public hearing, executive action taken in the Senate Committee on Financial Institutions, and Housing & Insurance at 1:30 PM. | ||
| Mar 17 | FIHI – Majority; do pass with amendment(s). (Majority Report) | ||
| Passed to Rules Committee for second reading. | |||
| Mar 18 | Placed on second reading by Rules Committee. | ||
| Mar 29 | Committee amendment adopted with no other amendments. | ||
| Rules suspended. Placed on Third Reading. | |||
| Third reading, passed; yeas, 36; nays, 11; absent, 2; excused, 0. (View Roll Calls) | |||
| IN THE HOUSE | |||
| Apr 1 | House concurred in Senate amendments. | ||
| Passed final passage; yeas, 78; nays, 15; absent, 0; excused, 4. (View Roll Calls) | |||
| Apr 6 | Speaker signed. | ||
| IN THE SENATE | |||
| Apr 7 | President signed. | ||
| OTHER THAN LEGISLATIVE ACTION | |||
| Apr 8 | Delivered to Governor. (View Bill as Passed Legislature) | ||
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