Senate Passes Bill to Protect Homeowners

We share this press release regarding action taken today on S.1981, An Act clearing titles to foreclosed properties. Senator Brownsberger supported passage of this bill in the Senate and said, “I am convinced that it is only right to give third party buyers of foreclosed properties some repose. I also believe it is good for the housing market to define a process that will remove uncertainty. Offending banks will remain fully liable to the extent they have done harm through unfair or deceptive practices.”