Existing law, applicable to residential mortgages, prohibits a person who negotiates, arranges, or otherwise offers to perform a mortgage loan modification or other form of mortgage loan forbearance for a fee or other compensation from, among other things, demanding or receiving any compensation until every service that the person contracted to perform or represented that he or she would perform is accomplished. Existing law makes a violation of these provisions by a natural person a misdemeanor punishable by a specified fine or imprisonment, or both.
California AB 1730 (20132014) — Mortgage loan modification.
Existing law, applicable to residential mortgages, prohibits a person who negotiates, arranges, or otherwise offers to perform a mortgage loan modification or other form of mortgage loan forbearance for a fee or other compensation from, among other things, demanding or receiving any compensation until every service that the person contracted to perform or represented that he or she would perform is accomplished. Existing law makes a violation of these provisions by a natural person a misdemeanor punishable by a specified fine or imprisonment, or both.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass and be re-referred to the Committee on Banking and Finance. — 10–0 (pass) · lower
Do pass, to Consent Calendar. — 17–0 (pass) · lower
Sponsors
Wagner — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2014-02-14 Read first time. To print. reading-1
2014-02-18 From printer. May be heard in committee March 20.
2014-02-27 Referred to Coms. on JUD. and B. & F. referral-committee
2014-04-22 From committee: Do pass and re-refer to Com. on B. & F. (Ayes 10. Noes 0.) (April 22). Re-referred to Com. on B. & F. committee-passage-favorable, referral-committee, committee-passage
2014-04-23 From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
2014-04-24 Re-referred to Com. on B. & F. referral-committee
2014-04-29 From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (April 28). Re-referred to Com. on APPR. committee-passage-favorable, referral-committee, committee-passage
2014-05-14 From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 14). committee-passage-favorable, committee-passage
2014-05-15 Read second time. Ordered to consent calendar. reading-2, reading-1
2014-05-23 Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 5111.) reading-3, reading-1, passage
2014-05-23 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2014-06-05 Referred to Coms. on JUD. and PUB. S. referral-committee
2014-06-05 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD. amendment-introduction, amendment-passage, reading-2, reading-1, referral-committee
2014-06-18 From committee: Do pass and re-refer to Com. on PUB. S. with recommendation: to consent calendar. (Ayes 6. Noes 0.) (June 17). Re-referred to Com. on PUB. S. committee-passage-favorable, referral-committee, committee-passage
2014-06-25 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (June 24). Re-referred to Com. on APPR. committee-passage-favorable, referral-committee, committee-passage
2014-08-04 In committee: Placed on APPR. suspense file.
2014-08-18 From committee: Do pass as amended. (Ayes 5. Noes 0.) (August 14). committee-passage-favorable, committee-passage, amendment-passage
2014-08-19 Read second time and amended. Ordered to third reading. reading-2, reading-1, amendment-passage
2014-08-21 Read third time. Passed. Ordered to the Assembly. (Ayes 33. Noes 0. Page 4701.). reading-3, reading-1, passage
2014-08-21 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 23 pursuant to Assembly Rule 77.