Missouri legislation · 2026 Regular Session
Missouri HB2636: Establishes the "Uniform Mortgage Modification Act"
Status: Signed into law, July 9, 2026
What the bill says
To amend chapter 443, RSMo, by adding thereto six new sections relating to mortgage modifications, with a severability clause. Section A. Chapter 443, RSMo, is amended by adding thereto six new sections, to be known as sections 443.920, 443.921, 443.922, 443.923, 443.924, and 443.925, to read as follows: 443.920. Sections 443.920 to 443.925 shall be known and may be cited as the "Uniform Mortgage Modification Act". 443.921. For purposes of sections 443.920 to 443.925, the following terms mean: (1) "Electronic", relating to technology having electrical, digital, magnetic, wireless, optical, ele.
From the engrossed text:
To amend chapter 443, RSMo, by adding thereto six new sections relating to mortgage modifications, with a severability clause. Section A. Chapter 443, RSMo, is amended by adding thereto six new sections, to be known as sections 443.920, 443.921, 443.922, 443.923, 443.924, and 443.925, to read as follows: 443.920. Sections 443.920 to 443.925 shall be known and may be cited as the "Uniform Mortgage Modification Act". 443.921. For purposes of sections 443.920 to 443.925, the following terms mean: (1) "Electronic", relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities; (2) "Financial covenant", an undertaking to demonstrate an obligor's creditworthiness, or the adequacy of security provided by an obligor; (3) "Modification", includes change, amendment, revision, correction, addition, supplementation, elimination, waiver, and restatement; (4) "Mortgage": (a) An agreement that creates a consensual interest in real property to secure payment or performance of an obligation, regardless of: a. How the agreement is denominated, including a mortgage, deed of trust, trust deed, security deed, indenture, and deed to secure debt; and EXPLANATION -- Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is intended to be omitted from the law. Matter in bold-face type in the above bill is proposed language. HB 2636 b. Whether the agreement also creates a security interest in personal property; …