Legislative Session number- 83

Bill Name: SF2412

E Regulating mortgage foreclosure reconveyances; defining certain + terms;
requiring and providing for the licensure of foreclosure purchasers +by the
attorney general; specifying certain grounds for license denial, +nonrenewal or
revocation, granting the licensees certain hearing rights; specifying+ certain
conditions for relicensure after license revocation; granting the +attorney
general certain cease and desist orders issuance authority in +suspected
unlicensed activity cases; imposing certain application and license +fees;
specifying certain prohibited practices of foreclosure purchasers; +providing
for enforcement through actions brought by foreclosed homeowners; +specifying
certain foreclosure advice notice requirements (je, ja)