Massachusetts issues FAQs regarding recently passed law imposing moratoriums on foreclosures and evictions

State Issues Covid-19 Massachusetts Foreclosure Evictions Mortgages Mortgage Lenders Mortgage Servicing

Massachusetts issued responses to frequently asked questions regarding An Act Providing for a Moratorium on Evictions and Foreclosures During the Covid-19 Emergency, which was signed into law and effective on April 20, 2020. The FAQs provide guidance to borrowers on the foreclosure moratorium and forbearance period under the act and includes a section addressing reverse mortgages. The FAQs also provide guidance to lenders and servicers with respect to implementation of the act.