SB 245 DE

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Became Law

The Office of Foreclosure Prevention and Financial Education and the Residential Mortgage Foreclosure Mediation Program were created in the wake of the 2008 financial crisis to assist homeowners at risk of foreclosure or already navigating the foreclosure process. Originally intended as temporary programs, the need for these programs is as critical as ever for those facing the loss of their homes. The programs have proven to be important resources in preserving home ownership and educating homeowners on their rights and responsibilities in times of economic contraction and in times of economic expansion. As a result of their successes, the General Assembly has extended the programs multiple times. It is clear that the need for these programs will continue for the foreseeable future. In recognition of this reality, this Act removes the expiration dates from the programs. Senate Substitute No. 1 for Senate Bill No. 245 makes the following substantive changes: (1) It adds a requirement that the notice of intent to foreclose include the phone number for the Delaware Attorney General’s Foreclosure Hotline and the contact information for Delaware State Housing Authority’s foreclosure prevention programs. (2) The required notice of intent to foreclose now directs homeowners to U.S. Housing and Urban Development Department Certified Housing Counselors for assistance. Like Senate Bill No. 245, Senate Substitute No. 1 for Senate Bill No. 245 also makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual.

• Russell Huxtable Democratic · primary
• S. Elizabeth Lockman Democratic · primary
• David P. Sokola Democratic · primary
• Bryan Townsend Democratic · primary
• Kendra Johnson Democratic · primary
• Sherry Dorsey Walker · primary
• Sean Matthews · primary
• Peter C. Schwartzkopf · primary
• Trey Paradee Democratic · primary
• Marie Pinkney Democratic · primary
• Laura V. Sturgeon Democratic · primary
• John "Jack" Walsh Democratic · primary
• William Bush Democratic · primary
• Nicole Poore Democratic · primary
• Spiros Mantzavinos Democratic · primary
• Edward S. Osienski Democratic · primary
• David L. Wilson Republican · primary
• Sarah McBride · primary

1. Apr 23, 2024 Adopted in lieu of the original bill SB 245, and Assigned to Finance Committee in Senate · upper
2. May 15, 2024 Reported Out of Committee (Finance) in Senate with 6 On Its Merits · upper
3. May 16, 2024 Passed By Senate. Votes: 20 YES 1 ABSENT · upper
4. May 21, 2024 Assigned to Judiciary Committee in House · lower
5. Jun 12, 2024 Reported Out of Committee (Judiciary) in House with 1 Favorable, 9 On Its Merits · lower
6. Jun 13, 2024 Assigned to Appropriations Committee in House · lower
7. Jun 20, 2024 Reported Out of Committee (Appropriations) in House with 5 On Its Merits · lower
8. Jun 30, 2024 Passed By House. Votes: 40 YES 1 ABSENT · lower
9. Aug 9, 2024 Signed by Governor · executive