CHAPTER 667

MORTGAGE FORECLOSURES

 

        Part I.  Foreclosure by Action or Foreclosure by Power

                 of Sale

Section

    667-1 Foreclosure by action

    667-2 Other mortgagees joined

    667-3 Proceeds, how applied

    667-4 Defenses

    667-5 Foreclosure under power of sale; notice; affidavit

          after sale; deficiency judgments

  667-5.5 Foreclosure notice; planned communities;

          condominiums; cooperative housing projects

  667-5.7 Public sale

    667-6 Notice to mortgage creditors

    667-7 Notice, contents; affidavit

    667-8 Affidavit as evidence, when

    667-9 Dower barred, when

   667-10 Power unaffected by transfer; surplus after sale

   667-11 to 13 Repealed

   667-14 Recordation of foreclosure notice

   667-15 Location of public sale following power of sale

          foreclosure

 

        Part II.  Alternate Power of Sale Foreclosure Process

   667-21 Alternate power of sale process; definitions

 667-21.5 Foreclosure notice; planned communities;

          condominiums; cooperative housing projects

 667-21.6 Foreclosure of association lien; cure of default

   667-22 Notice of default and intention to foreclose;

          contents; distribution

   667-23 Recordation of notice of default and intention

          to foreclose

   667-24 Cure of default

   667-25 Date, place of public sale of mortgaged property

   667-26 Public showing of mortgaged property

   667-27 Public notice of public sale; contents; distribution;

          publication

   667-28 Postponement, cancellation of sale

   667-29 Authorized bidder; successful bidder

   667-30 Successful bidder's failure to comply; forfeiture of

          downpayment

   667-31 Conveyance of property on payment of purchase price;

          distribution of sale proceeds

   667-32 Affidavit after public sale; contents

   667-33 Recordation of affidavit, conveyance document; effect

  667-34, 35 Repealed

   667-36 Sale of property separately

   667-37 Judicial action of foreclosure before public sale

   667-38 Recordation; full satisfaction of debt by borrower

   667-39 Right to enforce this part

   667-40 Use of power of sale foreclosure in certain

          non-mortgage situations

   667-41 Public information requirement

   667-42 Repealed

 

        Part III.  Other Provisions

   667-50 Definitions

   667-51 Appeals

   667‑52 Buyer's choice of title insurer and escrow agent

   667-53 Conversion to judicial foreclosure; residential

          property; conditions

   667-54 Petition for conversion; residential property;

          Required contents

   667-55 Notice of default and intention to foreclose;

          residential property; required statement on

          conversion

   667-56 Prohibited conduct

   667-57 Suspension of foreclosure actions by junior

          lienholders

   667-58 Valid notice

   667-59 Actions and communications with the mortgagor

          in connection with a foreclosure

   667-60 Unfair or deceptive act or practice

 

        Part IV.  Time Share Interest Foreclosures

   667-61 Definitions

   667-62 Time share interest foreclosure under power of

          sale; notice; affidavit after sale

   667-63 Notice to mortgage creditors

   667-64 Affidavit as evidence

   667-65 Application of time share interest power of sale

          requirements

 

        Part V.  Mortgage Foreclosure Dispute Resolution

   667-71 Applicability

   667-72 Definitions

   667-73 Mortgage foreclosure dispute resolution program;

          administration

   667-74 Availability of dispute resolution required before

          foreclosure

   667-75 Notice of dispute resolution availability required

   667-76 Mortgagee's filing of notice with department;

          filing fee

   667-77 Notification to mortgagor by department

   667-78 Owner-occupant's election of dispute resolution;

          owner-occupant program fee; right to dispute

          resolution waived

   667-79 Notification of opening a dispute resolution case;

          mortgagee's program fee

   667-80 Parties; requirements; process

   667-81 Outcome of dispute resolution; neutral's closing

          report

   667-82 Noncompliance with requirements; statement

   667-83 Stay of nonjudicial foreclosure proceedings

   667-84 Confidentiality

   667-85 Neutral qualifications; status and liability

   667-86 Mortgage foreclosure dispute resolution special fund

 

Note

 

  As to procedural statutes superseded by the rules of court, see note preceding Title 32.

  Mortgage foreclosure task force, reports to legislature (expires June 30, 2012).  L 2010, c 162.

 

Cross References

 

  Mortgage rescue fraud prevention act, see chapter 480E.

  Secure and fair enforcement for mortgage licensing act, see chapter 454F.

 

Law Journals and Reviews

 

  Timesharing in the 1990s.  I HBJ No. 13, at pg. 89.