GroundRules
24 CFR 27.5: Prerequisites to foreclosure.
Where this section sits in the code
- Title 24—Housing and Urban Development
- Subtitle A—Office of the Secretary, Department of Housing and Urban Development
- PART 27—NONJUDICIAL FORECLOSURE OF MULTIFAMILY AND SINGLE FAMILY MORTGAGES
- Subpart A—Nonjudicial Foreclosure of Multifamily Mortgages
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.
Collected 2026-08-27T02:24:55Z. Source file · JSON