Bill

Bill > H1717


MA H1717

Relative to a moratorium on non-judicial residential foreclosure


summary

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 two-year moratorium on the non-judicial foreclosures. The Judiciary.

AI Summary

This bill establishes a two-year moratorium on non-judicial residential foreclosures in Massachusetts, where the property is the sole real property of its owner. The moratorium can be extended for up to 10 years if certain criteria are met, such as the percentage of predatory and multiple-assignment foreclosures being below certain thresholds. The bill also outlines changes to the foreclosure process by court action, including additional notification requirements and a mediation program. Additionally, the bill creates a Foreclosure Education Reform Review Task Force to examine the foreclosure process and propose improvements.

Committee Categories

Justice

Sponsors (1)

Last Action

Accompanied a study order, see H4844 (on 06/09/2022)

bill text


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