On June 26, 2015 New Hampshire Governor Hassan signed into law SB 50, an act "relative to the notice required prior to foreclosure of residential property." The provisions of the law go into effect on January 1, 2016. SB 50 serves to amend NH RSA 479:25 by distinguishing and expanding the foreclosure notice of sale period for "residential mortgages" from the notice of sale requirements for all other mortgages not defined as "residential mortgages." The Act also provides for additional disclosures in the notice of sale where the property is an owner-occupied dwelling of four or fewer units without regard to the type of mortgage.
On July 17, 2015 the Massachusetts Supreme Judicial Court ruled in Pinti v. Emigrant Mortgage Company that strict compliance with the notice of default provision in a mortgage is required as a condition of a valid foreclosure sale. The Pinti decision will have significant implications for foreclosure practitioners and on titles that are affected by future foreclosures.