The bill amends Section 34-27-4 of the General Laws concerning mortgage foreclosure and sale, specifically addressing the publication of sale notices and the rights of active military servicemembers. It modifies the method of notifying mortgagors about the sale, changing the requirement from being mailed via certified mail return receipt requested to being sent through United States Postal Service First Class Mail and/or an overnight delivery service.

The bill also includes provisions to ensure that the notice sent to mortgagors includes information about the rights of servicemembers under the law. It does not introduce new provisions to protect servicemembers from foreclosure during their active duty or deployment, nor does it establish a process for seeking a stay of foreclosure proceedings or penalties for mortgagees who violate these protections.

Overall, the act aims to streamline the notification process for mortgagors while ensuring that the rights of active military personnel are acknowledged in the context of mortgage foreclosures. The act would take effect upon passage.

Statutes affected:
3361: 34-27-4