An Act regulating certain mortgages
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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, An Act regulating certain mortgages, aims to establish regulations surrounding mortgages in Massachusetts. It is currently being reviewed by the Financial Services committee, with a scheduled hearing to discuss the proposed changes. The bill’s specific details are not yet available, but it seeks to bring clarity and oversight to the mortgage process.
Key provisions
- The bill is being reviewed by the Financial Services committee.
- A hearing has been scheduled to discuss the proposed regulations.
- The purpose of the bill is to regulate certain mortgages.
- The bill is accompanied by a study order (H5213).
Who is affected
- Mortgage lenders
- Mortgage borrowers
- Financial institutions
- Real estate professionals
Notable changes
- The bill is currently in committee review.
- A hearing is scheduled to gather input on the proposed regulations.
Bill text
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Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
9 on record
Primary sponsor
Cosponsors
Amy Mah Sangiolo
James B. Eldridge
Arguments
Reasons offered for and against this legislation.
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