Massachusetts S912 amends the foreclosure statute to require judicial foreclosure for residential mortgages on 1-6 family owner-occupied properties.

Massachusetts S912 amends the foreclosure statute to require judicial foreclosure for residential mortgages on 1-6 family owner-occupied properties. The bill mandates that all such foreclosures be initiated by filing a complaint in the Superior Court for the relevant county or district. It specifies that service must be made in hand, or if not possible, by both posting and mailing. The court is authorized to rescind or modify the mortgage, recognize the voidness of any acts, and grant other relief to the mortgagor. Tenants and legal occupants' rights are unaffected.

Massachusetts S912 amends the foreclosure statute to require judicial foreclosure for residential mortgages on 1-6 family owner-occupied properties.

Massachusetts S912 amends the foreclosure statute to require judicial foreclosure for residential mortgages on 1-6 family owner-occupied properties. The bill mandates that all such foreclosures be initiated by filing a complaint in the Superior Court for the relevant county or district. It specifies that service must be made in hand, or if not possible, by both posting and mailing. The court is authorized to rescind or modify the mortgage, recognize the voidness of any acts, and grant other relief to the mortgagor. Tenants and legal occupants' rights are unaffected.