Legislative Developments

U.S. Rep. Bill Pascrell, Jr. (D-N.J.), a member of the House Ways and Means Committee, called on Federal Bureau of Investigations Director James Comey to release unclassified case files from the agency’s investigation into the financial institutions at the center of the 2008 financial crisis, the country’s worst economic disaster since the Great Depression.

On Aug. 28, notaries in the state of Missouri became subject to new requirements, adopted earlier in the summer by the Missouri General Assembly. Read on for more details about these new provisions, which address topics from electronic signatures to the handling of notary seals and journals.

California has adopted a statute that clarifies certain issues surrounding mortgage defaults. Read on for more details.

The California Legislature adopted legislation to, among other things, amend the state’s Electronic Recording Delivery Act of 2004. The bill awaits the governor’s signature. Read on for more details.

California Attorney General Kamala D. Harris released a statement in support on the California State Assembly’s passage of Senate Bill 1150, the California Homeowner Survivor Bill of Rights. Read on for more details.

The California General Assembly adopted a new law increasing the amount notaries public can charge for various acts they perform. Read on for more details.

Connecticut has adopted a law that will, among other things, facilitate alternatives to foreclosure that are mutually agreeable to mortgagors and mortgagees with senior encumbrances. Read on for more details.

Illinois Gov. Bruce Rauner signed into law SB 2805, which amends the Uniform Real Property Electronic Recording Act effective Jan. 1, 2017. Read on for the details.

Days before the Consumer Financial Protection Bureau finalized mortgage servicing rules that primarily focused on foreclosure, loss mitigation and successor in interest procedures, the California Senate approved its own version of the bill. Read on for details of the bill and its next steps through the legislative process.

The Illinois Department of Financial and Professional Regulation announced that there will be a change in the way all lis pendens notices must be filed with the state. Read on for more details.