l9n/ Oregon

2011 Regular Session

Senate Bill 827

Provides that failure to include required modification form with notice of sale, failure to comply with provisions governing loan modifications and failure to record required affidavit of compliance with loan modification requirements are unlawful practices subject to enforcement under unlawful trade practices law.

Did not become law. It stopped in the House of Representatives's Rules Committee on June 30, 2011. The 2011 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Provides that failure to include required modification form with notice of sale, failure to comply with provisions governing loan modifications and failure to record required affidavit of compliance with loan modification requirements are unlawful practices subject to enforcement under unlawful trade practices law.<b> Prescribes time within which beneficiary or beneficiary's agent must file affidavit for recording.</b> Requires trustee to send copy of required affidavit to Department of Justice. <b>Requires Department of Consumer and Business Services by rule to prescribe form of affidavit and specifies minimum requirements for affidavit.</b> Removes certain exemptions from requirement to comply with law governing mortgage loan modifications. Permits grantor to record affidavit stating that grantor requested loan modification in accordance with law and by applicable deadline. Requires trustee to be resident of this state or have registered agent that meets certain qualifications. Declares emergency, effective on passage.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

6 co-sponsors

Alan Bates, Brian Boquist, Laurie Monnes Anderson, Diane Rosenbaum, Chip Shields, Joanne Verger

In the House of Representatives

    1 co-sponsor

    Phil Barnhart

    Its course

    February 22 to June 30, 2011, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action15 actions on 12 days

    In the SenateFeb 22 to May 2592 days

    Waiting for a committeeFeb 22 to Feb 253 days

    General Government, Consumer and Small Business ProtectionFeb 25 to Apr 2761 days

    RulesApr 27 to May 2427 days

    In the House of RepresentativesMay 25 to Jun 30 · stopped36 days

    Waiting for a committeeMay 25 to Jun 17 days

    RulesJun 1 to Jun 30 · stopped29 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • Senate, third reading18–12

      Passed · May 25

    Amendments

    Each amendment offered, and what became of it.

    • Senate committee amendmentAdopted

      Adopted Apr 27

    Text

    Each version as the Legislative Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

    In the Senate Feb 22 – May 25

    1. Feb 22Introduced
    2. Feb 25Sent to General Government, Consumer and Small Business Protection
    3. Mar 21Heard in General Government, Consumer and Small Business Protection
    4. Mar 23Heard in General Government, Consumer and Small Business Protection
    5. Apr 20Heard in General Government, Consumer and Small Business Protection
    6. Apr 27General Government, Consumer and Small Business Protection recommended it as amended, and that it go to Rules
    7. Sent to Rules
    8. May 19Heard in Rules
    9. May 24Rules recommended it
    10. Read a second time
    11. May 25Passed the Senate, 18 to 12

    In the House of Representatives May 26 – Jun 30

    1. May 26Arrived in the House of Representatives
    2. Jun 1Sent to Rules
    3. Jun 30Died when the session ended
    All 15 actions, as published
    1. Feb 22Introduction and first reading. Referred to President's desk.Senate
    2. Feb 25Referred to General Government, Consumer and Small Business Protection.Senate
    3. Mar 21Public Hearing held.Senate
    4. Mar 23Public Hearing held.Senate
    5. Apr 20Work Session held.Senate
    6. Apr 27Recommendation: Do pass with amendments and be referred to Rules. (Printed A-Eng)Senate
    7. Apr 27Referred to Rules by order of the President.Senate
    8. May 19Public Hearing and Work Session held.Senate
    9. May 24Recommendation: Do pass the A-Eng. bill.Senate
    10. May 24Second reading.Senate
    11. May 25Third reading. Carried by Bonamici. Passed.Senate
    12. May 25Vote explanation(s) filed by Boquist.Senate
    13. May 26First reading. Referred to the desks of the Co-Speakers.House of Representatives
    14. Jun 1Referred to Rules.House of Representatives
    15. Jun 30In committee upon adjournment.House of Representatives