A7218 — Requires the foreclosing party in a residential foreclosure action to offer a refinancing opportunity to the mortgagor

A7218 — Requires the foreclosing party in a residential foreclosure action to offer a refinancing opportunity to the mortgagor · Informed CitizenryThis legislation would require that when a lender initiates a foreclosure action on a residential property, the lender must first offer the homeowner an opportunity to refinance the mortgage. This…Open in Informed Citizenry