H_BUS_2021A 04/29/2021 01:35:34 PM Committee Summary

Representative Weissman introduced House Bill 21-1282, Add Consumer Protections Regulate Mortgage Servicers.

Representative Weissman provided the committee with two handouts (Attachments A and B), and Amendments L.001, L.002, and L.003 (Attachments C-E).

Representative Weissman responded to questions from the committee.

Tiana Patterson, representing Elevation Community Land Trust, testified in support of the bill.

Martha Fulford, representing the Department of Law, testified in support of the bill.

Lindsey Lafans, representing herself, testified in support of the bill.

Ms. Fulford and Representative Weissman responded to questions from the committee.

Terry Jones, representing the Colorado Mortgage Lenders Association, testified on the bill from an amend position. Mr. Jones responded to questions from the committee.

Representative Weissman and the committee discussed Amendment L.001.

Representative Weissmann discussed Amendment L.002.

Representative Weissman and the committee discussed Amendment L.004 (Attachment F).

Representative Weissman and committee members made closing remarks on the bill.

Tobin Follenweider and Cheri Gerou, representing the Colorado Department of Personnel and Administration, testified in support of the bill and responded to questions from the committee.

Additional written testimony that was submitted to the committee for consideration is provided as Attachment M.

The bill sponsor and committee members made closing remarks on the bill.

Mr. Follenweider returned to the table to respond to questions from the committee.

The bill sponsors responded to questions from the committee.

David Kerschen, representing himself, testified in opposition to the bill.

Roger Freeman, representing himself, testified in support of the bill.

Peter Wien, representing himself, testified in support of the bill.

Robert Brocker, representing the Colorado Senior Lobby, testified in support of the bill.

Duane Johnson, representing himself, testified in opposition to the bill.

John Krueger, representing Associa, testified in opposition to the bill.

Brian TerHark, representing Westwind Management Group, testified in opposition to the bill.

Mr. Johnson responded to questions from the committee.

Kirk Schroeder, representing himself, testified in opposition to the bill.

Tom Baugh, representing himself, testified in opposition to the bill.

Senior Master Sgt. Schroeder and Ms. Smith responded to questions.

John Field, representing MSI, LLC,, testified in opposition to the bill.

Bruce Likoff, representing the Colorado Association of Home Builders and NAIOP, testified in opposition to the bill.

Mr. Likoff responded to questions from the committee.

James Phifer, representing ACCU, Inc., testified in opposition to the bill.

Patricia Book, representing the Willow Springs Community Association, testified in opposition to the bill.

Danaly Howe, representing herself, testified in opposition to the bill.

Corinne Koehler, representing herself, testified in support of the bill.

Julie Evans, representing the Colorado Senior Lobby, testified in support of the bill.

Radu Popescu, representing himself, testified in support of the bill.

Ruthy Wexler, representing herself, testified in support of the bill.

Andrew Mowery, representing himself, testified in support of the bill.

Margaret Sobey, representing herself, testified in support of the bill.

Mr. Mowery responded to questions from the committee.

Marcia Waters, representing the Department of Regulatory Agencies Division of Real Estate, responded to questions from the committee.

Jerie Schwab, representing Association Online, testified in support of the bill.

Warren Mickens, representing himself, testified in support of the bill.

Michael Maday, representing the Mediation Association of Colorado, testified in support of the bill. Mr. Maday responded to questions from the committee.

Ms. Schwab responded to questions from the committee.

Additional written testimony that was submitted to the committee for consideration can be found in Attachment T.

The bill sponsors discussed potential amendments to the bill and the chair laid the bill over for action only at a later date.