C.F.R. » Title 24 » PART 27—NONJUDICIAL FORECLOSURE OF MULTIFAMILY AND SINGLE FAMILY MORTGAGES › Subpart A—Nonjudicial Foreclosure of Multifamily Mortgages

24 C.F.R. § 27.5

Prerequisites to foreclosure

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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.

Notes of Decisions
Cited in 3 cases, 2011–2020 · leading case: Nbc-usa Hous., Inc., Twenty-six v. Donovan, 774 F. Supp. 2d 277 (D.D.C. 2011).
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Nbc-usa Hous., Inc., Twenty-six v. Donovan, 774 F. Supp. 2d 277 (D.D.C. 2011). · cites it 3× “” 24 C.F.R. § 27.5 . After such an opportunity, the foreclosure commissioner may commence foreclosure through the sexwice of notice of default and foreclosure sale.”
Davin J. Anderson v. Alaska Hous. Fin. Corp., 462 P.3d 19 (Alaska 2020). “, 24 C.F.R. § 27.5 (“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.”
Nbc-Usa Hous., Inc, Twenty-Six v. Donovan (D.D.C. 2011). · cites it 3× “” 24 C.F.R. § 27.5 . After such an opportunity, the foreclosure commissioner may commence foreclosure through the service of notice of default and foreclosure sale.”
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