Skip to Content


HOUSE DOCKET, NO. 2012         FILED ON: 1/20/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3277

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Michael D. Brady

_______________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
              Court assembled:

              The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to mortgage providers.

_______________

PETITION OF:

 

Name:

District/Address:

Michael D. Brady

9th Plymouth

Sal N. DiDomenico

Middlesex, Suffolk, and Essex

Geraldine M. Creedon

11th Plymouth

James J. Dwyer

30th Middlesex

Benjamin Swan

11th Hampden

Christine E. Canavan

10th Plymouth

James M. Cantwell

4th Plymouth


HOUSE DOCKET, NO. 2012        FILED ON: 1/20/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3277

By Mr. Brady of Brockton, a petition (accompanied by bill, House, No. 3277) of Michael D. Brady and others relative to the servicing of loans by mortgage providers.  Financial Services.


The Commonwealth of Massachusetts
 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act relative to mortgage providers.
 

              Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

              Chapter 167E of the general laws, as appearing in the 2008 Official Edition, is hereby amended by adding the following section:-

              Section 8A.  As used in this section, “mortgage servicer" means a person who directly or indirectly acts as a mortgage servicer, who is a servicer, as that term is defined in 12 U.S.C. 2605, with respect to mortgage loans or is a servicer of any residential mortgage loan in the commonwealth.

              A mortgage servicer, doing business in the commonwealth, shall provide to a mortgagor of a residential mortgage loan, the name, address, toll-free telephone number and facsimile number of the servicer for (i) an individual employed by the mortgage servicer, or (ii) the department of the mortgage servicer, that can be contacted by the borrower to answer inquiries relating to the servicing of such loan.  Such contact or department shall be available for contact by the mortgagor no less than 40 hours per week from monday through saturday, inclusive.

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Error