HB 1089 CO Became Law
Uniform Mortgage Modification Act
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Summary
The act enacts the 'Uniform Mortgage Modification Act', drafted by the Uniform Law Commission. The act provides that, in the event that a mortgage is modified:The mortgage continues to secure the obligation as modified;The modification does not affect the priority of the mortgage;A mortgage retains its priority regardless of whether a modification agreement is recorded; andThe modification is not a novation.(Note: This summary applies to this bill as enacted.)
Sponsors (2)
- C. Espenoza Democratic · sponsor
- M. Snyder Democratic · sponsor
9 coauthors / cosponsors
- J. Bacon Democratic · cosponsor
- M. Carter Democratic · cosponsor
- M. Duran Democratic · cosponsor
- J. Carson Republican · cosponsor
- J. Coleman Democratic · cosponsor
- T. Exum Democratic · cosponsor
- I. Jodeh Democratic · cosponsor
- K. Wallace Democratic · cosponsor
- M. Weissman Democratic · cosponsor
Action history (15)
- Mar 2, 2026 House Second Reading Special Order - Laid Over Daily - No Amendments · lower
- Mar 10, 2026 House Second Reading Passed with Amendments - Committee · lower
- Apr 27, 2026 Governor Signed · executive
- Apr 16, 2026 Sent to the Governor · executive
- Apr 16, 2026 Signed by the President of the Senate · upper
- Apr 16, 2026 Signed by the Speaker of the House · lower
- Mar 31, 2026 Senate Third Reading Passed - No Amendments · upper
- Mar 30, 2026 Senate Second Reading Passed - No Amendments · upper
- Mar 25, 2026 Senate Committee on Judiciary Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- Mar 16, 2026 Introduced In Senate - Assigned to Judiciary · upper
- Mar 11, 2026 House Third Reading Passed - No Amendments · lower
- Mar 10, 2026 House Second Reading Special Order - Passed with Amendments - Committee · lower
- Mar 2, 2026 House Second Reading Laid Over Daily - No Amendments · lower
- Feb 25, 2026 House Committee on Judiciary Refer Amended to House Committee of the Whole · lower
- Feb 2, 2026 Introduced In House - Assigned to Judiciary · lower
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