Bill
H 1807
Overview: Bill Number: H 1807, Title: An Act relative to foreclosure mediation, Status: Hearing scheduled for 10/21/2025 from 01:00 PM-05:00 PM in A-2, Introduced: February 27, 202
Overview: Bill Number: H 1807, Title: An Act relative to foreclosure mediation, Status: Hearing scheduled for 10/21/2025 from 01:00 PM-05:00 PM in A-2, Introduced: February 27, 2025
Purpose and Intent: This bill aims to establish a mandatory foreclosure mediation program to help homeowners facing foreclosure negotiate with their lenders and potentially avoid losing their homes.
Key Provisions:
- Requires lenders to participate in mediation with homeowners before initiating foreclosure proceedings
- Provides homeowners with access to free legal and financial counseling during the mediation process
- Allows for the temporary suspension of foreclosure actions while mediation is ongoing
- Outlines specific mediation procedures and timelines to ensure a fair and efficient process
Affected Parties and Impacts:
- Homeowners facing foreclosure would have the opportunity to negotiate with their lenders and potentially reach a mutually agreeable solution
- Lenders would be required to engage in the mediation process before pursuing foreclosure
- The state may incur costs to establish and maintain the mediation program
Procedural and Timeline Considerations:
The bill is currently scheduled for a public hearing on October 21, 2025. If passed, the foreclosure mediation program would likely be implemented within 6-12 months to allow for the necessary infrastructure and staffing to be put in place.
Compiled from official sources — confirm details with the bill’s official record.
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