Quantcast
Channel: Breaking News
Viewing all articles
Browse latest Browse all 5026

Foreclosure prevention, voting bills pass House Judiciary Committee

$
0
0
By Philip Marcelo

PROVIDENCE, R.I. -- The state House of Representatives will consider legislation requiring banks and lenders to meet with home owners "in good faith" to try to rework the terms of a mortgage prior to foreclosing on a property, following passage of the bill Tuesday by the House Judiciary Committee.

Some Rhode Island cities and towns have already adopted so-called "mortgage conciliation programs," including Cranston, Providence, Warren and Warwick. But past attempts to create a statewide requirement have failed in the legislature.

The Judiciary Committee also approved a bill that eliminates the requirement that voters have to be physically present in the building at the 8 p.m. closing of polls. Voters would be entitled to vote so long as they are in line to vote - even if it is outside of the building.

The committee also took up a host of other proposals dealing with campaign finance requirements. But those were held for further study after no one from the public testified on any of the proposals.


Viewing all articles
Browse latest Browse all 5026

Trending Articles