Video & Transcript Research : 'loan modification'

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HI
Transcript Highlights:
  • in rental housing revolving fund loans in rental housing revolving fund loans in<00:11:36.320>
  • No modifications are made to the original language for section 21H-38B to make the following modifications
  • No modifications are made to the original language for section 21H-38B to make the following modifications
  • Um, no modifications are made to the original language for section 21H-38B to make the following modifications
  • No modifications are made to the original language for section 21H-38B to make the following modifications
Keywords: 912, senate, all
Summary: The Senate Committee on Housing heard and then took action on a series of housing-related bills concerning HHFDC, HPHA, inclusionary zoning, nonprofit housing trusts, housing project exemptions, the rental housing revolving fund, and a new for-sale housing program. Testimony was generally supportive from HHFDC and HPHA, with additional support from groups such as Hawaii YIMBY, Grassroot Institute of Hawaii, Hawaii Appleseed, Housing Hawaii’s Future, Holo Collaborative, the Kobayashi Group, and others. On SB 2424, the Kobayashi Group argued the bill would help open housing to a broader pool of local households, including buyers slightly above income limits who still cannot afford market-rate housing. On SB 2342, the chair asked HHFDC for final figures on rental housing revolving fund appropriations since 2016 and was told the amount was about $1.1 billion, including conveyance tax revenue. In decision-making, the committee recommended passage of SB 2189 with amendments, noting concerns about transparency and accountability in HHFDC’s loan-award process; SB 2190 with amendments; SB 2234 with amendments; SB 2177 with amendments; SB 2194 unamended; SB 2342 with amendments; SB 2060 with amendments; and SB 2070 with amendments. The committee deferred SB 2195 and SB 2196 after testimony comments, and deferred SB 2063 because the chair said SB 2060 would be used instead as the vehicle for mixed-income subaccount changes. SB 2424 was discussed in hearing but then deferred in decision-making pending legal advice on issues including owner-occupancy, county income restrictions, buyback rules, and county council approval. The committee also heard testimony on SB 2062 and its proposed SD1, but deferred that measure because the relevant changes had already been incorporated into SB 2060 SD1.
HI
Transcript Highlights:
  • the value of the loan?
  • permanent loan. permanent loan.
  • down payment loan only. down payment loan only.
  • soft second loan. soft second loan. >> Okay. >> Okay. >> Okay.
  • <00:46:25.200> Uh for site modifications. Uh for site modifications.
Keywords: 912, senate, all
Summary: The Committee on Housing, meeting jointly with the Committee on Health and Human Services, heard testimony on Senate Bill 2787, which would expand use of the rental housing revolving fund to provide loans or grants for purchasing rental units, and Senate Bill 2957, which addresses tenant displacement and relocation protections, as well as Senate Bill 2866, which would make the state rent supplement program for kupuna permanent and appropriate funds for it. Testimony on SB 2787 included support from DHHL, HHFDC, AARP Hawaii, and others, while the Attorney General recommended clarifying language and standards for grants, and the Tax Foundation questioned whether grants fit the revolving-fund structure. On SB 2957, supporters including OHA, PACT, medical-legal advocates, and tenant representatives emphasized relocation hardships from the KPT redevelopment, language access, and the need for clearer minimum safeguards; the Attorney General suggested defining “comparable units” and correcting a drafting error. On SB 2866, HPHA, Catholic Charities, AARP, the Executive Office on Aging, and others supported making the kupuna rent supplement program permanent to prevent homelessness among low-income seniors. During discussion on SB 2957, members questioned HPHA and tenant counsel about the KPT low-rise relocation process and what “comparable housing” meant in practice. HPHA said all tenants were relocated, but counsel described disputes over comparability, disability and family-size issues, and at least one offered unit that was not livable. For SB 2787, members questioned DHHL about why it sought funding from the rental housing revolving fund rather than other sources; DHHL said it was still exploring options and had mostly used its funds for infrastructure, with only a small portion used as revolving funds. The chair expressed concern about relying on scarce housing funds and urged more efficient use of DHHL’s existing resources. In decision-making, the committees voted to pass SB 2957 with amendments and SB 2866 with amendments. For SB 2957, the amendments would replace the bill with a working group on tenant displacement and relocation, include a blank appropriation and defective date, and request $75,000 for the working group; the motion was adopted unanimously by the members present, with Senator Favela excused. For SB 2866, the amended version would include a blank appropriation, defective date, and committee report language noting requests for $110,160 for two HPHA public housing specialist positions and $2.16 million for the state rent supplement program; this motion was also adopted, with Senator Favela excused. After the joint hearing adjourned, the committee returned to the housing-only agenda and continued discussion of SB 2787 before moving on to SB 3089, which would amend the down payment loan assistance program for low- and moderate-income first-time homebuyers; testimony on SB 3089 was beginning when the transcript ended.
MN

Minnesota 2025 1st Special Session

Committee on Capital Investment - 05/08/25

Capital Investment

Transcript Highlights:
  • Uh look at the 1.35 modifications.
  • Uh it's incredibly farmers get loans.
  • :04:27.520> little<00:04:27.680> bit pay our loans back with a little bit pay our loans
  • <00:05:22.639> that million in it to cover for loans that million in it to cover for loans
  • ,<00:40:21.760> we're questions on the modifications, we're questions on the modifications
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

House Judiciary Finance and Civil Law Committee 3/13/25

Judiciary Finance and Civil Law

Transcript Highlights:
  • In Minnesota, we have a law that says that if someone is in foreclosure and they apply for a loan modification
  • modification while the foreclosure is in process. modification so the way to resolve a if modification
  • c> the loan modification while the the loan modification while the the Foreclosure<00:09:10.600><
  • Thank you. point that they've been denied a loan point that they've been denied a loan modification<00
  • > become and Loan modifications which has become and Loan modifications which has become such<
Bills: HF1027, HF101, HF1021
MN

Minnesota 2025-2026 Regular Session

Committee on Jobs and Economic Development - 04/07/25

Jobs and Economic Development

Transcript Highlights:
  • Article five makes some modifications to the Promise Act loans, grants, and loans.
  • Also then on page 80, you'll see that for the loans that are repaid for the Promise loans that they can
  • Article five makes some modifications to the Promise Act loans, grants, and loans.
  • Also then on page 80, you'll see that for the loans that are repaid for the Promise loans that they can
  • article five promise act modifications article five promise act modifications uh<00:37:05.599>
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Hied Committee Meeting - 2026-03-26

Higher Education Finance and Policy

Transcript Highlights:
  • Like, I owe less on my mortgage than I do on my student loans because I came from a family that couldn't
  • > less on my mortgage than I do on my less on my mortgage than I do on my student<00:23:54.679> loans
  • because I came from a student loans because I came from a family<00:23:56.160> that<00:23:56.400
  • to it if making making a modification to it if that's<01:04:27.359> if<01:04:28.000> or
  • for federal student loans. for federal student loans.
TX

Texas 89th Regular

Intergovernmental Affairs Apr 8th, 2025

Intergovernmental Affairs

Transcript Highlights:
  • Okay, like, I just was wondering about the need for the loan assistance. Right. So that would.
  • And then the kind of loan assistance that they would be getting, you said that it is private donations
  • What are the benefits of partaking in that loan assistance? Right, so it helps.
  • And that's the main key thing for that loan assistance: they help you with your down payment.
  • This program offers low-interest home mortgage loans and down payment assistance.
TX
Transcript Highlights:
  • and career earnings in an era where Federal default rates no longer reflect the true risk of student loans
  • institutions themselves, and federal sources. is calculated by dividing a program's median federal loan
  • if they choose to go into specialties that are in shortage like pediatrics or psychiatry. on their loans
  • The only way to address the student loan crisis is by increasing affordability. expanding student loan
  • And will again, when I am not in deferment, I pay my loans and I.
KY
Transcript Highlights:
  • The second item is a lease modification The second item is a lease modification for<00:20:52.720
  • And this for the lease modification.
  • Government's Fund A loan in the amount Government's Fund A loan in the amount of<00:31:40.799> $20
  • And the last loan is for the Grayson County Water District’s Fund F loan in the amount of $7,848,000
  • County Water District's uh fund F loan County Water District's uh fund F loan in<00:35:09.200>
Summary: The committee first approved the November minutes and received information items on University of Kentucky medical and research equipment purchases, five school districts reporting upcoming bond issues with no additional tax levies needed, and a School Facilities Construction Commission list of prior debt issues for fiscal year 2026. It then considered an appropriation increase for a University of Kentucky project at the Central Kentucky Regional Airport in Richmond. University officials said the project is 100% federally funded and will construct a terminal building tied to EKU’s airport operations and planned flight school. Members asked about the relationship to aviation expansion and whether the flight school would be publicly operated; the witnesses said EKU would operate it, public appropriations had already been applied, and student revenue would help offset costs. The committee approved the item by roll call vote. Next, the committee approved a University of Kentucky lease purchase for property at 415 West Sun Street in Morehead, Rowan County, for $6.4 million. UK said the property, which includes an 85,000-square-foot facility on 9.6 acres, is directly across from UK St. Clair and was offered by the Rowan County Board of Education after it moved to a new location. Members questioned why the payment schedule was structured as quarterly installments and why the price was below two appraisals; UK said the board requested the arrangement and did not want the full amount upfront, and there was no interest on the purchase price. The committee also approved this item. The deputy state budget director then reported three appropriation increases in the Tourism, Arts and Heritage Cabinet: a Ballard Wildlife Management Area pump station project, Lake Barkley State Resort Park emergency repairs, and Lake Barkley lodge wing exterior repairs. After questions, staff explained the Lake Barkley increases were mainly to cover construction contingencies because bids came in close to available funding. The committee approved the action items, then heard four no-action pool projects: HVAC upgrades at the FFA leadership training center in Hardinsburg, Kentucky School for the Blind’s McDaniel Scoggin building, KSD’s Brett Brady Hall, and a Kentucky State University Shanty Hall renovation for the School of Engineering Technology. Finally, the committee heard two real property items: a new CHFS lease in Wayne County and a Transportation Cabinet lease modification in Christian County. The Wayne County lease drew the most discussion, with members questioning the high per-square-foot cost and whether another county location could be used; CHFS said it maintains offices in every county seat, this lease would replace an existing 1977 office, and the new construction was negotiated down from a higher initial bid. The Christian County item was described as a replacement site for driver licensing space, with renovation costs partly absorbed by the lessor and the remainder amortized over the lease term.
MN

Minnesota 2025 1st Special Session

Committee on Finance - 04/29/25

Finance

Transcript Highlights:
  • On line 65, student loan debt bianium.
  • <01:04:20.160> to<01:04:20.480> the Line 10 is a modification to the Line 10 is a modification
  • This is a modification to line 25.
  • <01:05:39.200> to On line 19, there was a modification to On line 19, there was a modification
  • Uh is a modification to the family.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Human Services - 04/15/26

Human Services

Transcript Highlights:
  • <00:15:30.520> and investigating fine modifications and investigating fine modifications and
  • Uh, congregate care modifications. 79. Uh, congregate care modifications.
  • program, it reduces the loan program by freezing future loans, winding down the program as loans are
  • program by freezing future uh, the loan program by freezing future loans,<00:40:38.800> winding
  • loans, winding down the program as loans loans, winding down the program as loans are<00:40:41.920
Keywords: 1187, senate, all
MN

Minnesota 2025 1st Special Session

Committee on Judiciary and Public Safety - 03/24/25

Judiciary and Public Safety

Transcript Highlights:
  • modification.
  • loan modifications with the negotiating loan modifications with the homeowners.<01:44:00.800> That's
  • <01:44:20.880> So, they are denied a loan modification.
  • So, they are denied a loan modification.
  • a loan modification, as I they're denied a loan modification, as I touched<01:45:28.239> on,<
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • The emerging contaminants loan will be a 100% principal forgiveness loan.
  • The emerging contaminants loan will be a 100% principal forgiveness loan.
  • The emerging contaminants loan will be a 100% principal forgiveness loan.
  • Um, on the fund B and the fund<00:34:00.000> F<00:34:00.240> loan fund F loan fund F loan
  • would not um give loan proceeds to them. would not um give loan proceeds to them.
Summary: The committee first handled routine business, including roll call, approval of the July minutes, and several informational reports. Those reports included a University of Kentucky restricted-fund medical equipment purchase for Chandler Hospital, debt issues for five school districts, Eastern Kentucky University’s planned model laboratory school using construction management risk delivery, a Division of Real Properties lease advertisement, Kentucky Communications Network Authority quarterly project reports, and EKU asset preservation revisions. Members then heard and approved a new UK St. Clair Urgent Care Clinic lease in Morehead and an amendment expanding space for the UK Family and Community Medicine Clinic at Turflin Clinic. Testimony explained that both properties are privately owned, the Morehead lease predated the UK/St. Clair arrangement, and the Turflin Clinic is tight on space. The committee also approved three new projects and an appropriation increase: two Department of Military Affairs projects, a Window Ford Training Center underground electric project and a Williamsburg Readiness Center interior repair project, a Fish and Wildlife property acquisition adjoining Veterans Memorial Wildlife Management Area, and an $8.113 million increase for the Department of Revenue integrated tax system (DORIS). The DORIS increase was described as needed for change orders tied to legislation and to complete the unified tax system. The committee next reviewed no-action items, including a $3 million emergency flood-damage repair project for the Bush Building and Vest-Lindsay House in Frankfort, and three pool projects over $1 million: a Kentucky Correctional Institute for Women window replacement phase 2 project, a Department of Criminal Justice Training interior refurbishment at Thompson Hall, and the Muddy Gut Branch stream mitigation project in Johnson County. The flood project was confirmed to be fully reimbursed by insurance proceeds. Finally, the Kentucky Infrastructure Authority presented six loans and nine grants. Action items included water and sewer financing for Cumberland County, Lebanon, Northern Kentucky Water District, Lewisport, and Providence, plus a major Taylor Mill treatment plant project and several cleaner water grants and reallocations. Members asked about loan rates, local rate increases needed to repay debt, and the Providence emergency water interconnect; staff explained that Lewisport had begun a rate increase process, and that the Providence project would connect Webster County Water District and the city of Providence to stabilize pressure after a systemwide failure. All action items were approved.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 056 Mar 11th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • Colleagues, this is a Uniform Law Commission bill and a modification of the mortgage modification act
  • modification.
  • <01:34:18.600> modification.
  • <01:34:19.840> It qualifying loan modification. It qualifying loan modification.
  • handles these loans handles these loans um<02:36:20.760> to<02:36:21.560> be<02:36
Keywords: 981, all
Summary: The House convened with a quorum, approved the journal from March 9, 2026, and made several announcements about committee meetings and visiting student groups. Members also moved out of order to consider Senate Joint Resolution 11, which designates a portion of U.S. Highway 34 in memory of Sergeant John Jack Thurman. Supportive remarks highlighted Thurman’s Marine Corps service at Iwo Jima and his later work in Colorado. The resolution passed unanimously, 61-0, with four excused. The chamber then took up third-reading bills. House Bill 1213, continuing the Biomass Utilization Grant Program, and House Bill 1185, continuing the Cold Case Task Force and updating its sunset review, both passed 61-0. Senate Bill 7, allowing terminally ill patients to use medical marijuana in health facilities, drew supportive remarks about patient choice and district support and passed 49-12 with four excused. House Bill 1137, concerning requirements for campaign consultants, prompted extended debate. Supporters argued it would address conflicts of interest and protect candidates from unethical consulting practices, while opponents said the issue should be handled by contract rather than law and warned against further regulation. The bill failed on third reading, 26-35, with four excused. The House then moved to Senate Bill 1 on housing policy; the transcript cuts off during debate, with concerns raised about housing shortages, vacancies, and the risk of a housing bubble.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Sixty - Wednesday, April 29

Missouri House Floor Meeting

Transcript Highlights:
  • The first one provides clear rules so that common and good-faith loan modifications, such as lowering
  • The first one provides clear rules so that common and good-faith loan modifications, such as lowering
  • Yes, mine was the Mortgage Modification Act.
  • Mine was the Mortgage Modification Act. And the other one was the Sale Leaseback Provision Act.
  • Yes, mine was the Mortgage Modification Act.
Keywords: 959, house, all
Summary: The House convened with prayer and the Pledge of Allegiance, approved the House Journal for the prior day by a 126-0 roll call, and then moved through several points of personal privilege and guest introductions. Members recognized National Fentanyl Awareness Day, honored journalist Ray Hartman with a moment of silence, and welcomed numerous student groups, interns, and other visitors to the chamber. The main floor action centered on conference committee report HB 2637/HB 3155, a large public safety package. Members discussed its size and scope, including juvenile justice changes, mental health provisions, cyberstalking language, drone restrictions, prosecutorial salaries, and sex offender registry issues. The House first approved a motion allowing conferees to exceed the differences, then adopted the conference report 124-13, passed the bill 119-18, and adopted an emergency clause for the drone-related sections 125-15. Supporters said the bill improved earlier legislation, while opponents criticized the bill’s length and constitutionality. The House then passed Senate Bill 834, a consumer protection measure combining mortgage modification rules with protections against predatory residential sale-leaseback transactions, by 139-1. Members said it would help homeowners and small businesses and improve transparency. The chamber also passed Senate Bill 937, a land transfer bill authorizing the governor to dispose of certain state properties, by 137-2-1 after a minor amendment, and Senate Bill 938, which raises recording-related fees from $4 to $6 to fund the land survey program and recorder of deeds offices, by 121-21-2. Finally, the House passed House Committee Substitute for Senate Bill 973, a wholesaler/consumer protection bill that was amended to remove a school property right-of-first-refusal provision and add land bank language, by 110-36. The House then announced upcoming committee meetings, noted bills moving to the informal calendar, and adjourned until April 30, 2026.
MN

Minnesota 2025-2026 Regular Session

Committee on Higher Education - 03/17/26

Higher Education

Transcript Highlights:
  • I took all my loans to continue my educational dream, but I'm still paying my loan.
  • <00:07:37.759> continue<00:07:38.319> my took all my loans to continue my took all
  • my loans to continue my educational<00:07:39.360> dream<00:07:40.319> but<00:07:40.560>
  • Today I'm gonna I'm here to stand loan.
  • modifications and accommodations. modifications and accommodations.
Keywords: 1187, senate, all
KY
Transcript Highlights:
  • two square footage lease modifications two square footage lease modifications under<00:01:56.560
  • The next loan is a Fund B loan to the city of Bardstown.
  • The third loan is a Fund B loan to the city of Everett.
  • 01:15:10.320> the The next loan is a fund B loan to the The next loan is a fund B loan to the
  • loan to the city of Everett. loan to the city of Everett.
Summary: The meeting began with routine business, including welcoming new committee member Senator Reginald Thomas, approving the minutes, and receiving a correspondence report on several information items. Those items included University of Kentucky research equipment funding, UK capital project funding using federal/private funds, debt issues from McGoffin County and Owen County school districts, lease modifications by the Division of Real Properties, asset preservation project revisions at Eastern Kentucky University and Northern Kentucky University, and Kentucky Communications Network Authority (KCNA) information on Kentucky Wired critical infrastructure. The main discussion focused on a dispute over the Kentucky Wired communication shelters, or “huts,” and related payments under KCNA’s agreement with Asellicom/Excel. Brad Kilby of Asellicom testified that KCNA had not paid for the huts, that Asellicom had not received the alleged $8 million or any later payment, and that Asellicom remained the legal owner. Committee members pressed him on whether payment had been received, whether anyone else might have received it, and whether the lawsuit or dispute resolution process clarified the issue. Kilby said no payment had been received and that the matter was part of ongoing litigation. KCNA Executive Director Doug Hendricks and General Counsel Adam Atkins then testified. They said a certified check for $8.5 million was mailed in July, based on the Finance and Administration Cabinet secretary’s determination that $8.5 million was due under the model procurement code, even though KCNA had initially requested about $12 million to cover a worst-case estimate. They said the contract allowed payment in full or in tranches, that the huts were completed and operational, and that KCNA had not received documentation supporting Asellicom’s higher $10.1 million claim. Members expressed frustration over the missing check and the broader implications for Kentucky Wired, and one member requested that the committee obtain all agency requests related to KCNA/Kentucky Wired since inception; the co-chairs said they would look into making that information available. No formal vote was taken on the dispute during the portion provided.