Bills

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

  • Session Year: 2025-2026
  • House: Senate

Current Status:

In Progress

(2026-01-26: Passed First Reading.)

Introduced

First Committee Review

First Chamber

Second Committee Review

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.

News Coverage:

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