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LD403 • 2025
An Act to Protect Holders of Distressed Mortgages from Fraud
An Act to Protect Holders of Distressed Mortgages from Fraud
Enacted
This bill passed the Legislature and reached final enactment based on the latest official action.
- Sponsor
- Representative Daniel Ankeles
- Last action
- 2025-06-12
- Official status
- Signed by the Governor
- Effective date
- Not listed
Plain English Breakdown
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
An Act to Protect Holders of Distressed Mortgages from Fraud
An Act to Protect Holders of Distressed Mortgages from Fraud
Sponsor:
Representative Daniel Ankeles
Reference committee:
Judiciary
Governor action:
Signed by the Governor
What This Bill Does
- An Act to Protect Holders of Distressed Mortgages from Fraud
Sponsor:
Representative Daniel Ankeles
Reference committee:
Judiciary
Governor action:
Signed by the Governor
Limits and Unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.
Amendments
These notes stay tied to the official amendment files and metadata from the legislature.
Adopted by House & Senate
Plain English: Page 1 - 132LR0093(02)
COMMITTEE AMENDMENT
1 L.D.
- Page 1 - 132LR0093(02)
COMMITTEE AMENDMENT
1 L.D.
- 403
2 Date: (Filing No.
- H- )
3JUDICIARY
4 Reproduced and distributed under the direction of the Clerk of the House.
- 5STATE OF MAINE
6HOUSE OF REPRESENTATIVES
7132ND LEGISLATURE
8FIRST SPECIAL SESSION
9 COMMITTEE AMENDMENT “ ” to H.P.
Bill History
-
2025-06-12
Governor
Signed by the Governor
-
2025-06-10
House
PASSED TO BE ENACTED . Sent for concurrence. ORDERED SENT FORTHWITH.
-
2025-06-10
Senate
PASSED TO BE ENACTED , in concurrence.
-
2025-06-06
Committee
Reported Out; OTP-AM/ONTP
-
2025-05-09
Committee
Work Session Held
-
2025-05-09
Committee
Voted; Divided Report
-
2025-02-04
Committee
Referred to Committee on Judiciary.
Official Summary Text
An Act to Protect Holders of Distressed Mortgages from Fraud
Sponsor:
Representative Daniel Ankeles
Reference committee:
Judiciary
Governor action:
Signed by the Governor
Current Bill Text
Read the full stored bill text
Page 1 - 132LR0093(03)
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FIVE
_____
H.P. 257 - L.D. 403
An Act to Protect Holders of Distressed Mortgages from Fraud
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 14 MRSA §6111, sub-§1-A, ¶G, as amended by PL 2015, c. 36, §1, is
further amended to read:
G. Where mediation is available as set forth in section 6321‑A, a statement that a
mortgagor may request mediation to explore options for avoiding foreclosure
judgment; and
Sec. 2. 14 MRSA §6111, sub-§1-A, ¶H, as enacted by PL 2015, c. 36, §2, is
amended to read:
H. A statement that the total amount due does not include any amounts that become
due after the date of the notice.; and
Sec. 3. 14 MRSA §6111, sub-§1-A, ¶I is enacted to read:
I. The following warning: "WARNING: Be cautious when seeking financial
assistance, a loan modification or any other agreement to cure or work out the default.
Criminals have been known to pose as legitimate negotiators who work with banks to
provide assistance to distressed borrowers, but these criminals may instead take your
money and private information without providing any assistance. You are encouraged
to seek help from a housing counselor who works for a housing counseling agency
approved by the United States Department of Housing and Urban Development (HUD)
or from an attorney licensed to practice in the State of Maine."
Sec. 4. Effective date. This Act takes effect January 1, 2026.
APPROVED
JUNE 12, 2025
BY GOVERNOR
CHAPTER
275
PUBLIC LAW