Archive: 21 April 2020

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COVID-19: Attention Massachusetts Mortgagees – New State Legislation Impacting Foreclosure Rights

COVID-19: Attention Massachusetts Mortgagees – New State Legislation Impacting Foreclosure Rights

By Sean R. HigginsGregory R. YoumanDavid E. Fialkow, and Jack S. Brodsky

On Monday April 20, 2020, Massachusetts Governor Charlie Baker signed into law an emergency act that will temporarily ban almost all eviction and foreclosure proceedings statewide during the COVID-19 pandemic. That law, H4647 (the “Act”), will significantly impact the rights of financial services companies to enforce mortgage loans through foreclosure in the Commonwealth. Mortgagees need to be aware of many new restrictions and obligations to avoid missteps as the crisis unfolds.

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