Nevada Enacts Uniform Mortgage Modification Act
June 16, 2025
Nevada passed a bill enacting the Uniform Mortgage Modification Act (UMMA). Per the bill, the UMMA was enacted to set forth the effect of a
Nevada passed a bill enacting the Uniform Mortgage Modification Act (UMMA). Per the bill, the UMMA was enacted to set forth the effect of a
Tennessee passed a bill revising Notice of Sale requirements in connection with a foreclosure. Under the bill, when a Notice of Sale cannot be published
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 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 passed a bill amending escrow analysis requirements and mortgage payment allowances. Under the bill, if at the time an escrow analysis is performed,
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 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 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 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 passed a bill enacting provisions with respect to mortgage trigger leads. Under the bill, a financial institution may not use an unfair or deceptive
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