Expands the use of video and telephone conferencing for certain mortgage transactions in Massachusetts.
This bill amends the General Laws to allow certain mortgage transactions to be conducted via synchronous real-time video conference or by telephone. Specifically, it modifies sections 7A of chapter 167E and 65C½ of chapter 171 to include these remote conferencing methods. The changes aim to provide more flexibility in how mortgage-related interactions can be carried out.
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