AB 2653 California Assembly · 2009-2010 Regular Session

Residential property: transfer of mortgage.

Summary

Existing law requires any person transferring the servicing of indebtedness to a different servicing agent to provide written notice to the borrower, as specified. This bill would provide that when the ownership of a mortgage or deed of trust on residential real property is transferred to another person, that person shall provide, upon request of the borrower, the price paid for the indebtedness. This bill would also provide that these provisions apply to real property purchased on or after January 1, 2005.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2010

Committee Review

Floor Vote

Governor

Introduced Feb 19, 2010 Last action Nov 30, 2010

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 3, 2010

Lower · Passed

In committee: Set, first hearing. Hearing canceled at the request of author.

lower

Apr 12, 2010

Committee

Re-referred to Com. on B. & F.

lower

Apr 8, 2010

Introduced

From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

lower

Apr 8, 2010

Committee

Referred to Com. on B. & F.

lower

Feb 21, 2010

Lower · Passed

From printer. May be heard in committee March 23.

lower

Feb 19, 2010

Introduced

Introduced. To print.

lower

1 primary · 0 co-sponsors