An Act establishing a foreclosure review division
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a new division within the Massachusetts Superior Court system, specifically a ‘Foreclosure Review Division.’ This division would be responsible for reviewing foreclosure proceedings to identify potential errors or irregularities. The goal is to ensure fairness and potentially prevent foreclosures that may not be legally justified. The division’s operations are currently being studied.
Key provisions
- Establishment of a Foreclosure Review Division within the Superior Court.
- The division will review foreclosure proceedings.
- The division will identify potential errors or irregularities.
- The division’s creation is part of a study order.
- The division will operate as a special division of the Superior Court department.
Who is affected
- Homeowners facing foreclosure
- Mortgage lenders
- Massachusetts Superior Courts
- Legal professionals involved in foreclosure cases
- The Judiciary branch
Notable changes
- This bill introduces a formalized review process for foreclosure cases, which was previously lacking.
- The division’s creation represents a shift towards greater scrutiny of foreclosure practices.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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