Creates new provisions relating to mortgage modifications

Summary

The bill adds a new “Sale‑Leaseback Protection Act” that forces sellers to receive a clear, bold‑face disclosure before signing a sale‑leaseback agreement and sets timing and penalty rules. It also creates a “Uniform Mortgage Modification Act” that defines which mortgage changes are allowed, preserves mortgage priority, and sets enforcement mechanisms. Both sections aim to protect homeowners and bring consistency to mortgage changes.

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