This is Bill 1362 The Foreclosure Fairness Act It is attempting to: Create a foreclosure mediation process in our state, Require banks and lenders to conduct a good faith review of the borrower's financial situation and offer a loan modification or other option if the borrower is eligible, Create additional funding for housing counselors, Make violations of these new requirements punishable under the Consumer Protection Act

This tells us: The history of the bill Who is sponsoring it Companion Bill(s) -Similar or identical legislation which is introduced in the Senate and House. House and Senate lawmakers who share similar views on legislation may introduce a companion bill in their respective chambers to promote simultaneous consideration of the measure Where it’s been so far and where it is going The Original Bill and Fiscal Notes

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