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146th General Assembly
Senate Bill # 42 w/SA 1

Primary Sponsor: Hall-Long Additional Sponsor(s):    Rep. Kowalko
CoSponsors: Sen. Blevins, Ennis, Henry, Reps. Keeley, Gilligan, Barbieri, Blakey, Bolden, Brady, Briggs King, Carson, Heffernan, Hocker, Jaques, J. Johnson, Kenton, Mitchell, Peterman, Ramone, Schooley, B. Short, D. Short, Viola, Willis
Introduced on : 03/29/2011
Long Title:AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO FORECLOSURE CONSULTANTS AND MORTGAGE MODIFICATION SERVICE PROVIDERS.
Synopsis:Sections 1-8 of this Bill provide that the Mortgage Rescue Fraud Protection Act in 6 Del. C. Chapter 24B will protect homeowners 60 days in default on their mortgage loans. Currently the protections are in effect after an action for foreclosure is filed.

Section 9 creates a registration requirement for Mortgage Loan Modification Companies that provide services to Delaware residents. Written contracts with disclosures are required and no fees can be collected in advance. The registration and renewal fees can be used to support foreclosure relief programs. The law is enforced by the Attorney General.
Current Status: Signed   On   09/21/2011
Volume Chapter78:196
Date Governor acted:09/21/2011
Full text of Legislation:
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Full text of Legislation:
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Fiscal Notes/Fee Impact:Not Required
Amendments: SA 1 to SB 42 - Passed
Committee Reports:
Senate Committee report 05/11/11 F=0 M=5 U=0----->Committee Report
House Committee Report 06/15/11 F=0 M=9 U=0---->Committee Report
Voting Reports:
Senate vote: () Passed 6/2/2011 2:33:17 PM------->Voting Record
House vote: () Passed 6/28/2011 5:05:00 PM------->Voting Record
Engrossed Version:
Engrossment------->Engrossment
Actions History:
Sep 21, 2011 - Signed by Governor
Jun 28, 2011 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 15, 2011 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 9 On Its Merits
Jun 07, 2011 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Jun 02, 2011 - Passed by Senate. Votes: Passed 19 YES 0 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Jun 02, 2011 - Amendment SA 1 - Passed by Senate. Votes: Passed 18 YES 0 NO 0 NOT VOTING 3 ABSENT 0 VACANT
May 11, 2011 - Reported Out of Committee (BANKING) in Senate with 5 On Its Merits
May 10, 2011 - Amendment SA 1 - Introduced and Placed With the Bill in Senate
Mar 29, 2011 - Assigned to Banking Committee in Senate
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