MA S952

Bill

MA S952

To establish a moratorium on non-judicial residential foreclosure

Introduced
03/29/2021

In Committee
03/29/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to establish a moratorium on non-judicial residential foreclosure. The Judiciary.

AI Summary

This bill establishes a two-year moratorium on non-judicial foreclosure of any 1-6 unit residential property where the property is the sole real property of its owner. The moratorium can be renewed for up to ten years, but may be terminated earlier if certain criteria related to predatory and irregular foreclosures are met. The bill also modifies the foreclosure process by court action, including additional service requirements, allowing mortgagors to raise legal and equitable claims, and requiring pre-foreclosure mediation. The Division of Banks is tasked with promulgating regulations and providing an annual report on foreclosure-related data.

Committee Categories

Justice

Sponsors (1)

Nick Collins (D)*,

Last Action

Accompanied a study order, see S2665 (on 02/07/2022)

Official Document

https://malegislature.gov/Bills/192/S952

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/S952
Bill	https://malegislature.gov/Bills/192/S952.pdf

Bill	Bill Name	Last Action	Type
H1717	Relative to a moratorium on non-judicial residential foreclosure	Accompanied a study order, see H4844	Similar To
H1905	Establishing a jail and prison construction moratorium	Accompanied a study order, see H5173	Similar To
H568	To place a moratorium on high stakes testing for the duration of the COVID-19 state of emergency	Accompanied a study order, see H5074	Similar To
S2030	Establishing a jail and prison construction moratorium	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2665	Order relative to authorizing the joint committee on the Judiciary to make an investigation and study of certain current Senate documents relative to judiciary matters	Discharged to the committee on Senate Rules	Replaced by
S297	Responding to the COVID-19 emergency by instituting a moratorium on the administration of the MCAS test for the 2020-2021 school year	Accompanied a study order, see S2756	Similar To

Bill > S952

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Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

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