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HB26-1089

Uniform Mortgage Modification Act

Type Bill
Session 2026 Regular Session
Subjects
Financial Services & Commerce Housing

Concerning mortgage modifications, and, in connection therewith, enacting the "Uniform Mortgage Modification Act".

Bill Summary:

      Colorado Commission on Uniform State Laws. The bill enacts the "Uniform Mortgage Modification Act", drafted by the Uniform Law Commission. The bill provides that, in the event that a mortgage is modified:

  • The mortgage continues to secure the obligation as modified;

  • The modification does not affect the priority of the mortgage;

  • A mortgage retains its priority regardless of whether a modification agreement is recorded; and

  • The modification is not a novation.
    (Note: This summary applies to this bill as introduced.)

Committees

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Status

Under Consideration

Introduced

Under Consideration

Related Documents & Information

Date Version Documents
02/02/2026 Introduced PDF
Date Version Documents
02/10/2026 FN1 PDF
Activity Vote Documents
Refer House Bill 26-1089, as amended, to the Committee of the Whole. The motion passed on a vote of 10-0. Vote summary
Date Amendment Number Committee/ Floor Hearing Status Documents
02/25/2026 L.001 HOU Judiciary Passed [*] PDF
Date Location Action
02/25/2026 House House Committee on Judiciary Refer Amended to House Committee of the Whole
02/02/2026 House Introduced In House - Assigned to Judiciary

Sponsor

Co-Sponsor