Mortgage Protection for Texans

By: AP
By: AP

AUSTIN, Texas (AP) - Texans who fall behind on their mortgage
payments would get more time to try to save their homes under
legislation approved by the Texas Senate.
Under current law, Texas homeowners have just 20 days to cure a
loan default before lenders foreclose on them. It is one of the
shortest foreclosure notice periods in country.
The bill approved today -- a top priority of Attorney General
Greg Abbott -- would extend that period to 45 days. The bill passed
unanimously and now moves to the state House.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 43635927 - kbtx.com/a?a=43635927