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A07277 Summary:

SAME ASNo same as
COSPNSRScarborough, Jacobs, Millman, Dinowitz, Benedetto, Stevenson, Colton, Galef, Jaffee, Zebrowski, Roberts, Barron, Robinson, Castro, Gibson, Markey, Weprin, Hooper
MLTSPNSRAbinanti, Gabryszak, Glick
Amd S1303, add S1308, RPAP L; amd S14, Bank L; amd S1456, Tax L
Provides for mediation in foreclosure actions for fundamentally unaffordable mortgage loans, provides for a tax credit for banks that renegotiate loans; directs the banking board to promulgate rules and regulations further defining mediation requirements.
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