Fabio
121 lines
9.9 KiB
Markdown
121 lines
9.9 KiB
Markdown
---
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type: "Bill"
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title: "Mortgages and deeds of trust: mortgage servicers: successors in interest."
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description: "Existing law imposes various requirements to be satisfied prior to exercising a power of sale under a mortgage or deed of trust. Existing law gives a borrower, as defined, various rights and remedies against a mortgage servicer, mortgagee, trustee, beneficiary, and authorized agent in regards to foreclosure prevention alternatives, as defined, including loan modifications, which is commonly referred to as being part of the California Homeowner Bill of Rights. Existing law defines a mortgage servicer as a person or entity who directly services a loan, or is responsible for interacting with the borrower, and managing the loan account on a daily basis, as specified."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20152016"
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identifier: "SB 1150"
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citation: "California SB 1150 (20152016)"
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classification: ["bill"]
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subjects: ["Mortgages and deeds of trust: mortgage servicers: successors in interest."]
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status: "enacted"
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primary_sponsors: ["Leno"]
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version_count: 14
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action_count: 40
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vote_count: 10
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first_action: "2016-02-18"
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last_action: "2016-09-29"
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source: "openstates"
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source_identifier: "ocd-bill/59089758-b009-4674-8930-ca66b5ce6656"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB1150"
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source_hash: "b26ef7a4a6001bc65d5835fcdeab3bdf09d09bee6f5e18a009de528291340a67"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ca"]
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---
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# California SB 1150 (20152016) — Mortgages and deeds of trust: mortgage servicers: successors in interest.
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Existing law imposes various requirements to be satisfied prior to exercising a power of sale under a mortgage or deed of trust. Existing law gives a borrower, as defined, various rights and remedies against a mortgage servicer, mortgagee, trustee, beneficiary, and authorized agent in regards to foreclosure prevention alternatives, as defined, including loan modifications, which is commonly referred to as being part of the California Homeowner Bill of Rights. Existing law defines a mortgage servicer as a person or entity who directly services a loan, or is responsible for interacting with the borrower, and managing the loan account on a daily basis, as specified.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **02/18/16 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115099INT)
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2. **03/28/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115098AMD)
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3. **04/26/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115097AMD)
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4. **05/10/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115096AMD)
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5. **05/16/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115095AMD)
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6. **05/26/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115094AMD)
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7. **06/13/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115093AMD)
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8. **06/23/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115092AMD)
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9. **06/30/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115091AMD)
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10. **08/15/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115090AMD)
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11. **08/19/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115089AMD)
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12. **09/29/16 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115087CHP)
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13. **SB1150** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB1150)
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14. **08/26/16 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1150&version=20150SB115088ENR)
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## Votes
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- Unfinished Business SB1150 Leno Concurrence — **22–13** (pass) · upper
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- 3rd Reading — **18–18** (fail) · upper
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- Do pass, but first be re-referred to the Committee on [Judiciary] — **4–3** (pass) · upper
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- Do pass as amended. — **7–3** (pass) · lower
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- SB 1150 Leno Senate Third Reading By STONE — **49–26** (pass) · lower
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- Do pass as amended — **4–1** (pass) · upper
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- 3rd Reading — **21–14** (pass) · upper
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- SB 1150 Leno Senate Third Reading Amendment Set #1 — **73–0** (pass) · lower
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- 3rd Reading SB1150 Leno Reconsider — **37–0** (pass) · upper
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- Do pass as amended and be re-referred to the Committee on [Judiciary] — **8–2** (pass) · lower
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## Sponsors
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- Leno — primary (person)
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- Galgiani — author (person)
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- Wieckowski — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2016-02-18** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
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- **2016-02-19** From printer. May be acted upon on or after March 20.
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- **2016-03-03** Referred to Coms. on B. & F.I. and JUD. `referral-committee`
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- **2016-03-04** Set for hearing April 6.
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- **2016-03-28** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. `referral-committee, reading-2, amendment-passage, committee-passage, reading-1`
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- **2016-04-06** April 6 set for first hearing canceled at the request of author.
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- **2016-04-08** Set for hearing April 20.
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- **2016-04-21** From committee: Do pass and re-refer to Com. on JUD. (Ayes 4. Noes 3. Page 3606.) (April 20). Re-referred to Com. on JUD. `referral-committee, committee-passage-favorable, committee-passage`
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- **2016-04-22** Set for hearing May 3.
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- **2016-04-26** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `referral-committee, reading-2, amendment-passage, committee-passage, reading-1`
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- **2016-05-09** From committee: Do pass as amended. (Ayes 4. Noes 1. Page 3766.) (May 3). `committee-passage-favorable, committee-passage, amendment-passage`
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- **2016-05-10** Read second time and amended. Ordered to third reading. `amendment-passage, reading-2, reading-1`
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- **2016-05-16** Read third time and amended. `reading-3, amendment-passage, reading-1`
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- **2016-05-16** Ordered to second reading.
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- **2016-05-17** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2016-05-26** Read third time and amended. `reading-3, amendment-passage, reading-1`
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- **2016-05-26** Ordered to second reading.
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- **2016-05-27** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2016-05-31** Read third time. Refused passage. (Ayes 18. Noes 18. Page 4065.) `reading-3, failure, reading-1`
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- **2016-05-31** Motion to reconsider made by Senator Leno.
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- **2016-05-31** Reconsideration granted. (Ayes 37. Noes 0. Page 4066.)
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- **2016-06-01** Read third time. Passed. (Ayes 21. Noes 14. Page 4083.) Ordered to the Assembly. `reading-3, passage, reading-1`
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- **2016-06-02** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2016-06-09** Referred to Coms. on B. & F. and JUD. `referral-committee`
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- **2016-06-13** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F. `referral-committee, reading-2, amendment-passage, committee-passage, reading-1`
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- **2016-06-22** From committee: Do pass as amended and re-refer to Com. on JUD. (Ayes 8. Noes 2.) (June 20). `committee-passage-favorable, committee-passage, amendment-passage`
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- **2016-06-23** Read second time and amended. Re-referred to Com. on JUD. `referral-committee, reading-2, amendment-passage, reading-1`
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- **2016-06-29** From committee: Do pass as amended. (Ayes 7. Noes 3.) (June 28). `committee-passage-favorable, committee-passage, amendment-passage`
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- **2016-06-30** Read second time and amended. Ordered to second reading. `amendment-passage, reading-2, reading-1`
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- **2016-08-01** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2016-08-15** Read third time and amended. `reading-3, amendment-passage, reading-1`
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- **2016-08-15** Ordered to third reading.
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- **2016-08-19** Read third time and amended. (Ayes 73. Noes 0. Page 5949.) `reading-3, amendment-passage, reading-1`
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- **2016-08-19** Ordered to third reading.
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- **2016-08-22** Read third time. Passed. (Ayes 49. Noes 26. Page 6012.) Ordered to the Senate. `reading-3, passage, reading-1`
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- **2016-08-22** In Senate. Concurrence in Assembly amendments pending.
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- **2016-08-24** Assembly amendments concurred in. (Ayes 22. Noes 13. Page 5373.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
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- **2016-08-30** Enrolled and presented to the Governor at 1:30 p.m.
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- **2016-09-29** Approved by the Governor. `executive-signature`
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- **2016-09-29** Chaptered by Secretary of State. Chapter 838, Statutes of 2016.
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/59089758-b009-4674-8930-ca66b5ce6656`. Confidence: reported (aggregated from official California legislature records).
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