761 CMR, § 22.16

Current through Register 1538, January 3, 2025
Section 22.16 - Deed in Lieu of Foreclosure

If Borrower offers or is willing to execute a voluntary deed in lieu of foreclosure, Servicer shall recommend acceptance of such a deed if Servicer determines that such action is in MHMFA's best interest, that marketable title will be obtained, and that full benefits of the FHA insurance, VA guaranty or private mortgage insurance will be received.

761 CMR, § 22.16