Video & Transcript : 'mortgage postponement' :
Page 30 of 173
NM
New Mexico 2025 Regular Session
IC - Mortgage Finance Authority Act Oversight Sep 2nd, 2025
Mortgage Finance Authority Act Oversight Committee
Transcript Highlights:
- The first mortgage revenue bond that we did was in July of 1978, and that was a $61 million mortgage
- a 6 to 6.50 mortgage rate. not only nationally, but certainly across the state of New Mexico.
- Just continuing to offer competitive mortgage rates and we see them well positioned.
- This graph reflects the historical mortgage rates over the past 50 plus years.
- Mortgage rates are currently at mid-sixes, which is a far cry from the 18 highs of 1981.
MN
Minnesota 2025-2026 Regular Session
Repealing requirement to adopt a new residential energy code 3/10/26
Minnesota House Floor Meeting
Transcript Highlights:
- Current mortgage lending products do not include utility payments.
- </c><00:20:42.000><c> don't</c> a mortgage that that um mortgages don't a mortgage that that um mortgages
- </c> IEC in which they found that uh mortgage IEC in which they found that uh mortgage payments<00:21
- </c><00:21:19.600><c> payments</c> potentially increase mortgage payments potentially increase mortgage
- </c> tw if you get $12 more on your mortgage tw if you get $12 more on your mortgage and<00:42:49.680
CA
California 2025-2026 Regular Session
Assembly Banking and Finance Committee May 5th, 2025
Banking and Finance
Transcript Highlights:
- Under current law, a mortgage or deed of trust can only serve as a fixture filing if the debtor's name
- In 2014, California adopted Alternative A but did not include a key provision that allows mortgages to
- It allows a mortgage or deed of trust to serve as a fixture filing. without requiring an exact ID name
- So, as was just explained, in 44 states, the mortgage or deed of trust itself can serve as a fixture
- In 44 states, the mortgage or deed of trust is a done deal; you don't have to do the separate fixture
Committee:
House Banking and Finance
CA
California 2025-2026 Regular Session
Assembly Appropriations Committee Mar 19th, 2025
Appropriations
Transcript Highlights:
- Under this bill, borrowers can request an initial forbearance on their mortgage payments for up to 180
- relief to those impacted, 90 days forbearance of their mortgage payments.
- servicer, the mortgage servicer may offer borrowers forbearance loss mitigation consistent with their
- Mortgage forbearance, that's out, due pass.
- Let's see, AB 238, Harbidian, mortgage forbearance, due pass. A roll call, right? Yeah, okay.
Committee:
House Appropriations
NH
New Hampshire 2025 Regular Session
House Environment and Agriculture (02/11/2025)
Transcript Highlights:
- /c><02:20:31.520><c> that</c><02:20:31.680><c> will</c><02:20:31.800><c> be</c><02:20:32.040><c> postponed
- </c> um the exec for that will be postponed um the exec for that will be postponed or<02:20:32.760><c
- </c><05:12:09.760><c> your</c> house because you can't pay your house because you can't pay your mortgage
- 11.280><c> say</c><05:12:11.440><c> there's</c><05:12:11.558><c> a</c><05:12:11.760><c> really</c> mortgage
- so I would say there's a really mortgage so I would say there's a really big<05:12:12.200><c> incentive
Summary:
The Solid Waste Subcommittee met to discuss proposed amendments to HB 171 and HB 215. For HB 171, Representative Gerna outlined technical changes to a landfill moratorium bill: DES would be allowed to accept applications only to review them for completeness, a notwithstanding clause would override automatic approval timing rules, the word “fully” would be removed, and an unnecessary reference to perennial water bodies would be deleted. Members raised concern about whether applications deemed complete during the moratorium would still have to comply with later changes in law or rule. Director Mike Whap of DES said applicants would likely need to amend applications if policy changes occurred, and suggested the bill could explicitly state that later changes apply to pending applications. The subcommittee generally supported the revised language and agreed the amended bill could go directly to executive session, though one member said the underlying legislation was ill-advised but preferred the amended version over the original.
The committee then turned to HB 215, which would create a two-stage landfill siting review centered on a “net public benefit” determination before full technical review. Representative Gerna explained that the amendment would define net public benefit, require an independent third-party assessment paid for by the applicant, and set up a process for selecting the contractor from a list submitted by the applicant, with DES and the host community involved and the commissioner choosing if no agreement is reached within 60 days. Members asked how “host community” would be defined; DES said it would generally mean the municipal governing body, though that body could appoint others. The amendment also broadened the factors considered in both harms and benefits, including human health, property values, tourism, recreation, wildlife, local economic benefits, and infrastructure improvements.
The discussion also added a provision directing DES to consult with the Department of Transportation, the Department of Business and Economic Affairs, and the Department of Natural and Cultural Resources as needed when reviewing the third-party assessment. Director Whap said interdepartmental consultation is normal and that DES would likely adopt rules to guide the process. Members questioned whether the new framework would be too vague or burdensome for applicants, but Whap said it would not be designed to stack the deck against applicants and that the process should provide clearer, more balanced criteria. No votes were taken during the meeting, and the subcommittee appeared to continue refining the amendment language before further action.
NM
New Mexico 2026 Regular Session
House - Government, Elections And Indian Affairs Jan 26th, 2026 at 08:35 am
House Government, Elections & Indian Affairs
Transcript Highlights:
- So the interest rate on all your mortgages will affect your mortgage payment.
- So if you have an 8% interest, your mortgage payment is greater.
- So it does not affect your mortgage payment.
- But we're not rolling it up into your mortgage payment.
- But I will get my laptop out, and there are mortgage calculators. We can do that.
ID
Transcript Highlights:
- You know, a lot of people do have a primary mortgage, deed of trust on their property.”
- “Really, that’s up to the homeowners to work out with their mortgage company.
- But it just gives the option for them to do it if their mortgage company will allow it.” “Okay.
- So I’m thinking most mortgage companies would probably not want to give up any turf on that as far as
- But in this case, certainly if the mortgage was paid off and the original house and property was free
Committee:
Senate Local Government and Taxation
WA
Washington 2025-2026 Regular Session
House Housing Feb 19th, 2026
Transcript Highlights:
- within or outside the state and related to property located within the state, except for reverse mortgage
- So the exemptions to the fee are expanded to include any reverse mortgage loan made to a person 60 years
- So expanding this to include the reverse ...mortgage exemption was critical for us so that people are
- Too often when people think about foreclosure, they think about mortgage lenders.
- Because HOA liens can move ahead of the mortgage in certain situations, homeowners can lose their homes
Summary:
The committee held public hearings on two housing-related bills. Senate Bill 6054 would prohibit common interest communities, including HOAs and condominiums, from banning fire-hardened building materials that meet health and safety standards, while still allowing reasonable rules on design, placement, and appearance. The sponsor said the bill is intended to help homeowners reduce wildfire risk without forcing any resident to make changes, and staff explained that it would apply retroactively to conflicting governing documents. Testimony was generally supportive, including from the Office of the Insurance Commissioner, the Washington State Community Associations Institute, and HOA United, though the American Wood Council asked for narrower definitions so wood products could still qualify under other standards.
Senate Bill 5938 would revise the $80 foreclosure prevention fee created last session. Staff said the bill expands exemptions to include reverse mortgages for borrowers age 60 and older, chattel loans and retail installment contracts for dwellings secured as personal property, and limits duplicate charges in certain state-supported homeownership programs. It also removes the option to pay the fee from borrower cash at closing, allows financing through loan proceeds, clarifies disclosure and Commerce’s rulemaking authority, and directs Commerce and the Housing Finance Commission to study creating a state homeowner assistance fund by July 1, 2027. The sponsor and supporters said the changes would stabilize foreclosure prevention funding, prevent multiple charges on the same transaction, and help homeowners stay in their homes.
Testimony on SB 5938 was strongly supportive from the Washington Homeownership Resource Center, the Washington Build Back Black Alliance, HOA United, and the Northwest Justice Project, with speakers emphasizing foreclosure prevention, housing stability, and the need for assistance for seniors, first-time buyers, and HOA homeowners. At the end of the hearing, the chair announced that the committee would likely take executive action on the bills early the next week and asked members to submit amendments by the stated deadlines.
HI
Hawaii 2026 Regular Session
CPC Public Hearing - Wed Feb 18, 2026 @ 2:00 PM HST
Consumer Protection & Commerce
Transcript Highlights:
- HB 2612, relating to mortgages, clarifies that the mortgage does not exist independent of the debt it
- Even though Hawaii has long filed a rule that the mortgage follows a note, the court ruled that a mortgage
- the foreclosing mortgage E then the<00:30:46.880><c> foreclosing</c><00:30:47.360><c> mortgage</c><00
- mortgages mortgages pursue<00:31:59.360><c> a</c><00:31:59.519><c> foreclosure</c><00:32:00.480><c>
- </c> mortgage and the underlying amount owed. mortgage and the underlying amount owed.
Bills:
HB20 , HB2612 , HB2404 , HB2459 , HB2194 , HB1880 , HB2284 , HB1969 , HB2458 , HB1546 , HB2161 , HB1721 , HB1641 , HB2137 , HB1782 , HB2360 , HB1965 , HB1897 , HB1513
Committee:
House Consumer Protection & Commerce
Summary:
The committee heard testimony on HB 20, which would create a lava zone insurance subsidy/fund. The Insurance Division opposed the bill, arguing that lava zones 1 and 2 are the highest-risk areas, that a subsidy would not reduce the underlying risk or loss costs, that it could invite similar subsidy requests for other hazards, and that the bill may conflict with HICV by diverting funds from the CRF. Members discussed the lack of authorized homeowners insurance in those lava zones, the role of HPIA and the surplus market, and the difference between the proposed lava-zone subsidy and the Hawaii Hurricane Relief Fund. The chair noted 37 submitted testimonies in support and one in opposition, and the committee then moved on without taking a vote on HB 20 in the portion provided.
The committee then took up HB 2612, relating to mortgages, which would clarify that a mortgage does not exist independently of the debt it secures and is not independently enforceable from that debt. The Hawaii Credit Union League and Hawaii Financial Services Association opposed the bill, while several individuals testified in support, arguing it would restore Hawaii’s long-standing lien-state rule and prevent so-called “zombie mortgages” after the Hawaii Supreme Court’s White decision. Supporters said the bill would protect borrowers from delayed foreclosures and predatory lending practices, while opponents and the Insurance Division emphasized that foreclosure actions still require proof of standing and possession of the note, and that lenders generally pursue foreclosure without seeking deficiency judgments.
Committee members questioned the Insurance Division about how the current market works, whether lenders could wait out the statute of limitations and then foreclose only on the mortgage, and whether equitable tolling or later defaults could allow refiling. The division said it is still trying to attract authorized insurers back into the lava-zone market, but has seen little progress. No vote or final action on HB 2612 was taken in the excerpt provided.
CA
California 2025-2026 Regular Session
Senate Floor Session May 7th, 2026
California Senate Floor Meeting
Transcript Highlights:
- or disabled citizens who meet program eligibility are able to participate in the property tax postponement
- program are able to participate in the property tax postponement program in the current budget year.
Summary:
The Senate opened with a quorum call, prayer, and the Pledge of Allegiance, then took up several floor items. AB 108, a budget bill, was presented as a one-time $25 million grant program through HCAI to help severely distressed nonprofit and public hospitals with less than 10 days cash on hand and limited other options, along with a technical fix for the property tax postponement program. Senators Laird and Jones spoke in support, and the bill passed 36-0 with immediate transmittal granted.
The chamber then adopted a series of resolutions recognizing CASA Appreciation Day (SCR 162), California Wildfire Preparedness Week (SCR 165), California Rail Month (SCR 84), the National Day of Prayer (SCR 153), and Mother’s Day (SCR 167). Floor remarks highlighted the role of CASA volunteers, year-round wildfire risk and local preparedness efforts, rail’s importance to mobility and climate goals, faith and prayer as sources of guidance, and the contributions of mothers and mother figures. All of these resolutions passed, with SCR 153 receiving one no vote and the others passing unanimously or near-unanimously.
The Senate also passed SB 1175, which moves lobbyist registration and related filings directly to the Secretary of State to improve timeliness and transparency; SB 949, designating the Santa Cruz Mountains as a landscape of statewide significance; SB 1038, strengthening CalPERS audit notice requirements for unions; and SB 965, making it easier for 16- and 17-year-olds to obtain library cards without a parent physically present. Each measure received supportive remarks and passed on strong roll calls.
Later, the Senate adopted SR 106 marking Black April Memorial Month and honoring Vietnamese refugees and the Vietnamese American community, with members speaking about the fall of Saigon, refugee sacrifice, and the community’s contributions. The session concluded with committee announcements and an adjournment in memory of Dan Hughes, a former reserve officer, firefighter paramedic, and longtime parks district board member. The Senate announced it would reconvene on Monday, May 11, 2026.
CA
California 2025-2026 Regular Session
Senate Floor Session May 7th, 2026
California Senate Floor Meeting
Transcript Highlights:
- or disabled citizens who meet program eligibility are able to participate in the property tax postponement
- Are able to participate in the property tax postponement program in the current budget year.
FL
Florida 2026 5th Special Session
Banking and Insurance Feb 11th, 2026
Transcript Highlights:
- SPB 7042 on legal tender is temporarily postponed.
- Senate Bill 1380 is temporarily postponed.
Summary:
The Banking and Insurance Committee took up several bills, beginning with CS/SB 326, which modernizes Florida’s curator statute in probate law by clarifying when curators may be appointed, what they may do, and the oversight required. The bill was reported favorably without opposition. The committee then heard SB 1256 on pharmacy audits, which would require PBM audits of pharmacies to follow uniform standards and provide due process protections; pharmacists testified in support, describing current audits as burdensome and conflicted. That bill was also reported favorably.
Members next considered CS/SB 598 on funeral, cemetery, and consumer services. An amendment was adopted removing provisions on civil damage caps and phasing out direct disposers, and the bill was then reported favorably. SB 632, dealing with transportation network company insurance, would set coverage requirements for the period after a ride is accepted but before pickup; an opponent argued the existing insurance framework should not be reduced, but the bill passed on a divided vote and was reported favorably. CS/SB 786 on trusts, creating a nonjudicial process to close uncontested trusts and discharge trustees, was supported by banking and legal groups and reported favorably.
The committee then took up CS/SB 1110 on Medicaid, health insurance, and HMO coverage for orthotics and prosthetics. A delete-all amendment clarified eligible recipients, and the bill drew extensive emotional testimony from amputees, parents, and advocates describing the high cost of activity limbs and the benefits for children’s health and participation. Several senators praised the testimony and the policy, and the bill was reported favorably. Finally, SB 1588 on legal tender refined last session’s gold-and-silver law, and SPB 7044 created related public-records exemptions for custodians of gold and silver; both were reported favorably, with SPB 7044 adopted as a committee bill. The meeting ended with senators recording additional affirmative votes on selected bills and adjournment.
FL
Transcript Highlights:
- SPB 7042 on legal tender is temporarily postponed.
- Senate Bill 1380 is temporarily postponed.
Committee:
Senate Banking and Insurance
Summary:
The Banking and Insurance Committee met with a quorum present and temporarily postponed SB 7042 on legal tender and SB 1380 before taking up the remaining agenda. The committee first reported favorably C.S. for SB 326, which modernizes Florida’s curator statute in probate law by clarifying when curators may be appointed, what they may do, and what oversight applies. It then reported favorably SB 1256, which standardizes PBM pharmacy audits by requiring uniform audit standards, scope, frequency, penalties, and due process protections for pharmacies; testimony from pharmacists emphasized concerns about conflicts of interest, excessive audits, and disproportionate penalties, while preserving fraud investigations. The committee also reported favorably C.S. for SB 598 on funeral and cemetery services after adopting an amendment that removed provisions on civil damages caps and phasing out direct disposers; the bill updates licensure and contract rules and addresses unclaimed remains. SB 632, which sets insurance requirements for transportation network companies during the period after a ride is accepted but before pickup, was reported favorably despite opposition from an attorney who argued the existing coverage framework should not be reduced. C.S. for SB 786, creating a nonjudicial process to close out undisputed trusts and discharge trustees, was also reported favorably.
The committee then took up SB 1110, a major bill expanding Medicaid and private insurance coverage for medically necessary orthotics and prosthetics, including activity limbs, and requiring annual reporting. After adopting an amendment clarifying eligible recipients, the committee heard extensive emotional testimony from amputees, parents, and advocates describing the medical, developmental, and financial importance of prosthetic coverage, and members spoke in strong support before the bill was reported favorably. Later, the committee considered SB 1588, which implements last session’s legal tender law by refining definitions, narrowing custodian provisions, eliminating unnecessary examination requirements, and repealing the sunset clause; members raised questions about verification and anti-money-laundering concerns, but the bill was reported favorably. Finally, the committee approved SPB 7044 as a committee bill to expand public records exemptions to records relating to newly regulated custodians of gold and silver. The meeting concluded with senators recording additional affirmative votes on selected bills and adjourning.
FL
Transcript Highlights:
- SPB 7042 on legal tender is temporarily postponed.
- Tab 7: Senate Bill 1380, temporarily postponed.
Committee:
Senate Banking and Insurance
Keywords:
curators, estates, court appointment, fiduciary duty, bond requirements, removal, surrogate, funeral homes, cemetery law, cremation, embalmer, funeral director, preneed contract, preneed funeral, human remains, unclaimed cremated remains, disposition of remains, hospice, palliative care, end-of-life care
CA
California 2025-2026 Regular Session
Assembly Insurance Committee Apr 30th, 2025
Transcript Highlights:
- As you've heard, they've already been required to dip into their operating reserves, postpone improvements
- or upgrades to property. ...required to dip into their operating reserves, postpone improvements or
Summary:
The Assembly Insurance Committee met to consider several bills focused on California’s insurance market, wildfire resilience, and consumer protections. AB 888, the California Safe Homes Act, was heard first. Insurance Commissioner Ricardo Lara and Alabama Insurance Commissioner Mark Fowler testified in support, describing state grant programs that help homeowners harden roofs and create defensible space, with the goal of reducing losses and improving insurance affordability and availability. Supporters from the insurance industry, local government, and the Rebuild Paradise Foundation also backed the bill, and committee members emphasized the need for more incentives for mitigation. The bill passed the committee on a do pass motion and was sent to Appropriations.
AB 290, by Assemblymember Bauer-Kahan, would require the FAIR Plan to offer automatic payments and address non-renewal grace-period issues. The author described her own experience being forced onto the FAIR Plan and facing a large premium increase, while Consumer Federation of California called the bill common-sense consumer protection. The FAIR Plan opposed unless amended, saying it was already handling major wildfire claims and other operational demands and requested more time and changes to the non-renewal grace-period language. Members across the committee supported the bill as a needed modernization measure, and it passed as amended to Appropriations.
AB 1339, by Assemblymember Gonzalez, would direct the Department of Insurance to study insurance availability and pricing for affordable housing providers and report policy recommendations. Supporters from affordable housing organizations said rising premiums were forcing providers to cut services, defer maintenance, and use reserves, threatening housing stability for low-income residents. The bill passed as amended to Appropriations. AB 646, by Assemblymember Wallace, also passed to Appropriations; it concerns disclosure related to motor vehicle protection products and catalytic converter theft deterrence, with support from auto dealers and industry groups. The committee also approved AB 1531 on consent. Members later added on to the record in support of the bills, and the hearing concluded without recorded opposition votes on the measures that advanced.
TX
WA
Transcript Highlights:
- So when the first mortgage interest deduction tax preference was extended, the intent was to stimulate
- So making sure that we get that right and that they're able to—can you offer mortgages?
- But as it is currently written, the bill would apply a B&O tax to first mortgage interest received by
- Last year, we saw a suite of local banks decide not to engage in the mortgage lending market anymore.
- Last year, we saw a suite of local banks decide not to engage in the mortgage lending market anymore
Committee:
House Finance
Keywords:
HB1960, renewable energy, clean energy, solar, wind, battery storage, energy storage, excise tax, property tax exemption, local investment, county revenue sharing, local taxing districts, school districts, Department of Revenue, Department of Commerce, model ordinance, siting, permitting, tribal consultation, tribal capacity grants
NH
Transcript Highlights:
- </c> as an interest rate on their mortgage as an interest rate on their mortgage and<00:53:37.200><c>
- ><c> rate</c><00:54:27.119><c> around</c> you a mortgage rate around you a mortgage rate around $16,700
- </c> people could get into but the mortgage people could get into but the mortgage rates<00:55:04.319
- </c> older, they've paid off their mortgage. older, they've paid off their mortgage.
- </c> mortgage rates excuse me sub 3% mortgage mortgage rates excuse me sub 3% mortgage rates<01:43:51.960
Committee:
Senate Ways and Means
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of Michael Faulkender, of Maryland, to be Deputy Secretary of the Treasury. Mar 6th, 2025 at 09:00 am
Finance Committee
Transcript Highlights:
- Inflation remains persistent, mortgage rates and the cost of housing are too high.
- Right behind that comes the CBO report, bipartisan report, in which they say property owners, mortgage
- Knowing that mortgage rates recently hit a 25-year high, would be, and knowing our fiscal trajectory,
- That would push mortgage rates still higher, and as I think people know, one of the problems with mortgage
- Our children today won't be able to afford a car or a mortgage years from now.
Committee:
Senate Finance Committee
Keywords:
nomination, Deputy Secretary of Treasury, economic policy, inflation, tariffs, tribal nations, government relations
Summary:
The meeting convened to consider the nomination of Mike Falkender for the position of Deputy Secretary of the Treasury. During the session, multiple members voiced concerns regarding current economic policies under the Trump administration, particularly around inflation, tariffs, and the impact on small businesses. Discussions frequently centered on the administration's approach to tariffs and taxation, and how these factors contribute to the rising cost of living and potential job losses. Additionally, the importance of bolstering government-to-government relationships with tribal nations was emphasized, highlighting the need for specialized offices focused on tribal affairs within the Treasury Department.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, January 22, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Compare that price tag with the average mortgage in the United States, which is about $245,000.
- Pursuant to Clause 8 of Rule 20, further proceedings on this question will be postponed.
- Proceedings will resume on questions previously postponed.
- Further proceedings on this question will be postponed pursuant to clause 12(a) of rule 1.
- Further proceedings on this question will be postponed pursuant to clause 12(a) of rule 1.