Home Equity Theft
by inserting after section 44 the following 20 sections:- “SECTION 44A. Section 1 of chapter 60 of the General Laws, as so appearing, is hereby amended by inserting after the definition of “Collector” the following 2 definitions:- “Excess equity”, any remaining surplus amount above the taxes, interest, fees and charges of keeping, as reflected in the tax title account balance as of the date of the foreclosure judgment, and the fees, expenses, charges and costs actually and reasonably incurred in selling or appraising the property in accordance with section 64A following a final judgment of foreclosure; provided, however, that where the property is sold in accordance with said section 6…
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