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SF 2412 Senate Long Description

E Regulating mortgage foreclosure reconveyances; defining certain + terms; requiring and providing for the licensure of foreclosure purchasers +by the attorney general; specifying certain grounds for license denial, +nonrenewal or revocation, granting the licensees certain hearing rights; specifying+ certain conditions for relicensure after license revocation; granting the +attorney general certain cease and desist orders issuance authority in +suspected unlicensed activity cases; imposing certain application and license +fees; specifying certain prohibited practices of foreclosure purchasers; +providing for enforcement through actions brought by foreclosed homeowners; +specifying certain foreclosure advice notice requirements (je, ja)