Tag Archive: "Connecticut"
-
Connecticut Adopts Real Estate Closing Provisions
The state of Connecticut has enacted provisions requiring real estate closings to be conducted by licensed attorneys. These provisions are effective as of October 1, 2019.
-
Connecticut Modifies Banking Provisions
Connecticut has modified provisions under its Banking Law concerning consumer credit licenses. The new provisions expand the authority granted to the Banking Commissioner in various circumstances. The effective dates for these provisions range from July 1, 2018 to July 1, 2019.
-
Connecticut Modifies Provisions Regarding Foreclosures and Security Breaches
Connecticut has modified its provisions regarding foreclosure mediation sessions, security freezes on credit reports, identity theft prevention services, and regulations of credit rating agencies. These changes are effective as of October 1, 2018.
-
Connecticut Amends Reverse Mortgage Provisions
Connecticut has modified its provisions regarding reverse mortgages in an effort to increase protections for consumers. These changes are effective as of October 1, 2018.
-
Connecticut Amends Provisions Concerning the Uniform Power of Attorney Act and Discriminatory Practices Against Veterans
Connecticut amended its provisions concerning discriminatory practices against veterans. These provisions are effective on October 1, 2017. Connecticut amended its provisions concerning its Uniform Power of Attorney Act. Provisions in the bill became effective on July 1, 2017.
-
Connecticut Amends Provisions Concerning Residential Mortgage Licensing
Connecticut amended its provisions relating to licensing under Senate Bill 906, which is an act concerning lead generators of residential mortgage loans.
-
Connecticut Amends Financial Institution Regulations
The Connecticut state legislature recently passed House Bill 5571: “An Act Concerning Banking and Consumer Protections.” The Act includes 93 Sections with varied effect dates amending and revising statutory provisions relating to financial institutions. The areas receiving the most attention under the Act include: Purchases and Sales of Securities The sections concerning securities outline the […]
-
Connecticut Delays Effective Date of Uniform Power of Attorney Act
By Laura Eckstein, J.D.Connecticut amended its provisions regarding its Uniform Power of Attorney Act including delaying the effective date of the Act. Sections 1 to 57, inclusive, of public act 15-240 are now effective on October 1, 2016.Section 1. Subsections (a) and (b) of section 1-350e of the 2016 supplement to the general statutes are […]
-
Connecticut Amends Provisions Regarding Housing Discrimination and Fair Housing Laws
Connecticut amended its provisions by requiring the Commission on Human Rights and Opportunities to create a one-page disclosure form containing information on housing discrimination and Federal and state fair housing laws. Additionally, it requires persons offering residential property containing two or more units for sale, exchange, or for lease with an option to buy, to […]
-
Connecticut Enacts New Laws for Foreclosure Alternatives
by: Margaret Wright CT Foreclosure by Market Sale, Servicer Licensing and Foreclosure Mediation House Bill No. 5514 Optional Method of Foreclosure Effective October 1, 2014, the Connecticut state legislature has enacted House Bill No. 5514 providing for an alternate method of foreclosure. Under the new bill a first mortgage against a property may be foreclosed by […]