A3119 — Provides forbearance of residential mortgage foreclosures under certain circumstances; places additional requirements on attorneys, residential mortgage lenders, and courts, as part of foreclosure process.

A3119 — Provides forbearance of residential mortgage foreclosures under certain circumstances; places additional requirements on attorneys, residential mortgage lenders, and courts, as part of foreclosure process. · Informed CitizenryThe bill establishes new requirements for residential mortgage foreclosures and provides forbearance options for borrowers. It defines "Forbearance" as a six-month period during which the creditor…Open in Informed Citizenry