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Bill Detail: HB12-1156

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Title Public Trustee Foreclosure Document Requirements
Status House Committee on Economic and Business Development Postpone Indefinitely (03/14/2012)
House Sponsors B. McCann (D)
Senate Sponsors M. Johnston (D)
House Committee Economic and Business Development
Senate Committee
Date Introduced 00/00/0000
Description

Current law allows a "holder of an evidence of debt" (holder), generally, a bank or other financial institution, to foreclose on real property under a deed of trust even if the holder's interest is based on an assignment from the original lender and the assignment or other intermediate documents are not produced, simply by providing a statement from the holder's attorney that the holder's interest in the property is valid. ...
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Amendments out of Committee
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