24 C.F.R. § 27.5

Current through November 30, 2024
Section 27.5 - Prerequisites to foreclosure

Before commencement of a foreclosure under the Act and this subpart, HUD will provide to the mortgagor an opportunity informally to present reasons why the mortgage should not be foreclosed. Such opportunity may be provided before or after the designation of the foreclosure commissioner but before service of the notice of default and foreclosure.

24 C.F.R. § 27.5