An Act protecting titles to real estate in Massachusetts

The Real Estate Title Protection Act requires mortgage servicers to send homeowners regular statements listing the current mortgagee, note owner, and servicer - along with the dates each entity took over. It mandates that mortgage assignments be recorded within 30 days (with exceptions for late filings supported by an affidavit or court order) and defines key terms like "mortgagee of record" to reduce confusion about property ownership. This directly affects homeowners (who gain clarity on mortgage holders), municipalities (which can better identify tax liabilities), and mortgage servicers (who must comply with new disclosure rules). The bill supersedes conflicting existing laws about recording real estate documents, ensuring consistent title records across Massachusetts.