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Bill

H 1146

An Act to establish a Resolution Trust Fund for receipt of reasonable mortgage payments

194th Legislature (2025-2026) Introduced by Michelle DuBois

Massachusetts proposes establishing a dedicated trust fund to receive and manage mortgage payments, with details pending study order review.

Accompanied a study order, see H4712
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Bill Summary · H 1146

Legislative bill overview

H 1146 proposes establishing a Resolution Trust Fund in Massachusetts designed to receive and manage reasonable mortgage payments from borrowers. The bill appears to create a dedicated financial mechanism, though the full legislative language would clarify whether this addresses mortgage relief, payment administration, or loan resolution processes. The accompanying study order (H4712) suggests the legislature is still evaluating the fund's scope and implementation.

Why is this important

Mortgage payment management directly affects housing stability for Massachusetts residents and broader economic security. Creating a dedicated trust fund could streamline payment processing, provide borrower protections, or establish safeguards during financial distress—particularly relevant given post-pandemic housing market volatility. The structure of such a fund impacts how mortgage servicers operate and what recourse borrowers have.

Potential points of contention

  • Fund governance and oversight: Unclear who manages the fund, what fees are charged, and whether servicers or borrowers bear administrative costs
  • Definition of "reasonable" payments: The bill's core term lacks specificity—does this cover partial payments, modified loans, or forbearance arrangements, and who determines reasonableness
  • Interaction with federal mortgage regulations: Massachusetts must clarify how this fund coexists with federal mortgage protections (CFPB rules, Fannie Mae/Freddie Mac requirements) to avoid conflicts

Compiled from official sources — confirm details with the bill’s official record.

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