Legislative Session number- 83

Bill Name: HF2095

hf2095THIRD ENGROSSMENTMortgage foreclosure consultant contracts and other
contract +provisions regulated, enforcement remedies and notices required, and
criminal +penalties imposed.FORECLOSURE CONSULTANTSSection 1: Definitions
provided.Sec. 2: Foreclosure consultant contract rescission provisions
+established.Sec. 3: Contract details provided.Sec. 4: Violations
provided.Sec. 5: Waiver not allowed.Sec. 6: Remedies provided.Sec. 7:
Penalties provided.Sec. 8: Provision severability provided.Sec. 9: Liability
detailed.FORECLOSURE PURCHASERSSec. 10: Definitions provided.Sec. 11: Contract
requirements provided.Sec. 12: Contract terms provided.Sec. 13: Contract
cancellation provided.Sec. 14: Cancellation notice provided.Sec. 15: Waiver
provided.Sec. 16: Liability detailed.Sec. 17: Prohibited practices
detailed.Sec. 18: Enforcement provided.Sec. 19: Sale notice requirements
expanded.Sec. 20: Foreclosure advice notice required.Sec. 21: Provision
severability provided.Sec. 22: Effective date.AE