Hawaii Amends Nonjudicial Power of Sale Foreclosure Laws
June 4, 2025
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma Amends Breach of Security Requirements
June 4, 2025
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
New Jersey Amends Escrow Analysis Requirements and Mortgage Payment Allowances
May 28, 2025
New Jersey passed a bill amending escrow analysis requirements and mortgage payment allowances. Under the bill, if at the time an escrow analysis is performed,
Georgia Imposes Net Worth Requirements for Mortgage Lenders, Servicers, and Brokers
May 23, 2025
Georgia passed a bill imposing Net Worth requirements for mortgage lenders, servicers, and brokers licensed under the Georgia Residential Mortgage Act. Under the bill, mortgage
Georgia Enacts Provisions with Respect to Mortgage Trigger Leads
May 21, 2025
Georgia passed a bill enacting provisions with respect to mortgage trigger leads. Under the bill, a mortgage lender or mortgage broker must not use an
Virginia Amends Telephone Privacy Protection Act
May 5, 2025
Virginia passed a bill amending the Telephone Privacy Protection Act (TPPA). Under the TPPA, a telephone solicitation must include the solicitor’s name and telephone number,
Virginia Extends Duration of Foreclosure Stay for Borrowers in Default due to Government Shutdown
May 5, 2025
Virginia passed a bill extending the duration of the foreclosure stay for borrowers in default due to a government shutdown. Currently, a borrower in default
Iowa Enacts Provisions with Respect to Mortgage Trigger Leads
May 2, 2025
Iowa passed a bill enacting provisions with respect to mortgage trigger leads. Under the bill, a financial institution may not use an unfair or deceptive
Idaho Amends Signature Requirements with respect to Homestead Property
May 2, 2025
Idaho amending signature requirements with respect to homestead property. Under the bill, the homestead of a married person cannot be conveyed or encumbered by a
Maryland Requires Assumption Provision in Conventional Home Mortgage Loans
May 2, 2025
Maryland passed a bill requiring an assumption provision be included in a conventional home mortgage loans. Under the bill, a conventional home mortgage loan must
