Bills

SB 2951: MORTGAGE SERVICERS; DESTROYED AND DAMAGED RESIDENTIAL REAL ESTATE; DISBURSEMENT OF INSURANCE PROCEEDS

  • Session Year: 2025-2026
  • House: Senate
  • Latest Version Date: 2026-01-23

Current Status:

In Progress

(2026-02-25: The committee on CPN deferred the measure.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Requires mortgage servicers to comply with certain requirements regarding the disbursement of insurance proceeds for residential real estate that has been destroyed or damaged.

Discussed in Hearing

Senate Standing Committee on Commerce and Consumer Protection5MIN
Feb 25, 2026

Senate Standing Committee on Commerce and Consumer Protection

Senate Standing Committee on Commerce and Consumer Protection55SEC
Feb 25, 2026

Senate Standing Committee on Commerce and Consumer Protection

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News Coverage:

SB 2951: Mortgage Servicers; Destroyed and Damaged Residential Real Estate; Disbursement of Insurance Proceeds | Digital Democracy