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MA H1901
Bill
Status
2/27/2025
Primary Sponsor
Frank Moran
Click for details
AI Summary
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Requires mortgage assignments to be recorded within 30 days of execution, and foreclosure deeds within 60 days, with late filings requiring affidavits showing good cause or court orders
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Mandates that mortgage statements to homeowners include current contact information for the mortgagee, note owner, and servicer, with $2,500 minimum penalties (adjusted annually for inflation) for non-compliance under Chapter 93A
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Repeals foreclosure by entry and possession, limiting mortgagees to recovering possession only through court action after breach of mortgage conditions
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Establishes criminal penalties of up to 5 years imprisonment and fines up to $50,000 for individuals ($250,000 for entities) for filing fraudulent documents affecting real property title, with a 10-year statute of limitations
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Requires the Attorney General to report annually to the legislature on referrals received for real estate title violations, enforcement actions brought, and case dispositions including restitution orders
Legislative Description
Protecting titles to real estate in Massachusetts
Last Action
Reported by committee to Clerk’s Office for processing, will accompany a study order
10/10/2025