Foreclosure Bill Prefiled in Oklahoma
Updated 3/6/19: Senate Bill 123 (Mortgages; modifying period of time mortgagor has to cure breach or default. Effective date.) had a second reading and was referred to the Judiciary on February 5, 2019.
Legislation Update
January 2, 2019
Source: LegiScan (SB 123 information/full text)
AS INTRODUCED
An Act relating to mortgages; amending 46 O.S. 2011, Section 44, which relates to notice of intent to foreclose a mortgage; modifying period of time mortgagor has to cure breach or default; including refinancing within certain time period; requiring waiver of interest accrual during certain time period; and providing an effective date.