CT HB06878

Prohibits foreclosure actions on residential property after the earliest of: 10 years from the mortgage maturity date, 40 years from recording (if no repayment period over 40 years specified), or 10 years from an uncured default

Written extensions of maturity dates or payment obligations reset the 10-year foreclosure deadline to run from the extended date

Reduces from 20 years to 10 years the undisturbed possession period after which an undischarged mortgage becomes invalid as a lien against real property

Allows mortgage holders to record a notice stating why the mortgage remains valid, which tolls the invalidity deadline for 10 years from the recording date

Effective July 1, 2025; received Joint Favorable reports from both the Banking and Judiciary committees