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Committee hears staff, sponsor say bill clarifies mortgage‑modification priority

Washington State Legislature — House Consumer Protection and Business Committee · February 18, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Committee staff and sponsor told the Consumer Protection and Business Committee that SB 5,831 would adopt the Uniform Mortgage Modification Act to clarify how many mortgage modifications affect security and priority, creating safe harbors so certain modifications do not change a mortgage’s priority.

Committee staff and the prime sponsor summarized Senate Bill 5,831 on Feb. 18, saying the bill would adopt the Uniform Mortgage Modification Act to reduce uncertainty about how mortgage modifications affect a loan’s security and priority.

Peter Klotfelter, committee staff, told lawmakers the Uniform Law Commission in 2024 promulgated the Uniform Mortgage Modification Act and that SB 5,831 would "establish provisions controlling the effect of…

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