New Hampshire Following in the Footsteps of New York State’s “Zombie Foreclosures” Legislation?
HB 235 was introduced earlier this year in the New Hampshire Legislature. Interestingly, the bill text mirrors closely the “zombie foreclosure” legislation enacted in New York State in 2016. Finally seeing some common ground between state law and servicing industry maintenance requirements. Should be a benefit for all.
Though not a sponsor of HB235, Rep. James McConnell, R-North Swanzey had stated in October 2018 that he was planning to introduce legislation based off the New York legislation. Please click on the following link for more information
New Hampshire Business Review: New Hampshire rep takes aim at ‘zombie foreclosures’
To view the proposed bill text, please click on the following link
HB 235 Text