Md. Code, Housing and Community Development § 4–410

(a) If a Program loan is secured by a mortgage, the Department may:

(1) enforce the mortgage;

(2) foreclose on the mortgage and take title to the mortgaged property or take deed in lieu of foreclosure;

(3) convey title to a purchaser;

(4) obtain and enforce a deficiency judgment;

(5) allow assumption of the mortgage; and

(6) contract with a private mortgage servicer to perform on behalf of the Department any functions a servicer ordinarily performs.

(b) Without approval or execution by the Board of Public Works, the Department may:

(1) assign a mortgage for value; or

(2) convey property after acquisition.