Bill > S928

This bill amends the foreclosure statute in Massachusetts to require judicial foreclosure for residential mortgages on 1-6 family owner-occupied properties. Under this new law, the foreclosure process must be initiated by filing a complaint against the mortgagor in the Superior Court. The mortgagor can raise any legal or equitable claims and defenses against the mortgagee or related parties. The court has the authority to rescind or modify the mortgage, recognize the voidness of any previous actions, and provide other appropriate relief to the mortgagor, while protecting the rights of any tenants or legal occupants. The court must also record any decisions recognizing the voidness of previous acts in the appropriate registry of deeds.

Justice

https://malegislature.gov/Bills/192/S928