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HB 1127

Real Property - As enacted, revises present law relative to advertising the sale of land to foreclose a deed of trust, mortgage, or other lien securing the payment of money or other thing of value or under judicial orders or process. - Amends TCA Title 35.

114th Regular Session (2025-2026) Introduced by Andrew Farmer

Tennessee law revised to change foreclosure property advertising requirements, potentially streamlining lender sales of mortgaged properties while affecting borrower notification procedures.

Pub. Ch. 515
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Bill Summary · HB 1127

Legislative bill overview

HB 1127 modifies Tennessee law governing how lenders must advertise foreclosure sales of properties securing mortgages, deeds of trust, and other liens. The bill amends Title 35 of the Tennessee Code to revise advertising requirements and procedures for judicial foreclosure processes.

Why is this important

Foreclosure advertising rules directly affect how quickly and transparently distressed properties enter the market, impacting both lenders' ability to recover debt and borrowers' rights to fair notice. Changes to these procedures can influence foreclosure timelines, property values in affected markets, and the balance of power between financial institutions and homeowners facing default.

Potential points of contention

  • Advertising transparency and notice requirements: The specific changes to advertising standards could either streamline the foreclosure process (benefiting lenders) or potentially reduce borrower protections if notice requirements are weakened
  • Judicial vs. non-judicial foreclosure balance: Modifications may shift procedures between court-supervised and non-court-supervised foreclosures, affecting due process protections
  • Impact on distressed borrowers: Changes could accelerate foreclosure timelines, reducing opportunities for borrowers to cure defaults or negotiate alternatives

Compiled from official sources — confirm details with the bill’s official record.

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