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Bill > H3384


MA H3384

MA H3384
To amend the foreclosure statute to require judicial foreclosure


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to require the judicial review of foreclosures on residential mortgages. The Judiciary.

AI Summary

This bill amends the foreclosure statute to require judicial foreclosure, meaning that foreclosures on residential mortgages for 1-4 family owner-occupied properties must be initiated by filing a complaint in the Superior Court. The bill allows the defendant-residential mortgagor to raise all legal and equitable claims and defenses against the mortgagee or any related party, and gives the court the authority to modify the mortgage or grant other appropriate relief to the mortgagor. The bill also allows the court to set aside a default judgment for good cause shown.

Committee Categories

Justice

Sponsors (21)

Last Action

Accompanied a study order, see H5081 (on 11/12/2020)

bill text


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