Bill
Bill > A926
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill revises the "Fair Foreclosure Act," P.L.1995, c.244 (C.2A:50-53 et seq.) to create a private right of action for any violation of the act's provisions. Specifically, the bill provides that a person may bring an action in Superior Court against a residential mortgage lender for any violation of the "Fair Foreclosure Act," for actual damages or $1,000, whichever is greater, attorney's fees, costs of suit and appropriate equitable relief.
AI Summary
This bill revises the "Fair Foreclosure Act" to create a private right of action for any violation of the act's provisions. Specifically, the bill allows a person to bring an action in Superior Court against a residential mortgage lender for actual damages or $1,000, whichever is greater, as well as attorney's fees, costs of suit, and appropriate equitable relief.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/11/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A926 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A1000/926_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A1000/926_I1.PDF |
Loading...