[PART V.]  MORTGAGE FORECLOSURE DISPUTE RESOLUTION

 

Note

 

  Part repealed on September 30, 2014.  L 2011, c 48, §45(2).

  Moratorium until July 1, 2012 on all new nonjudicial foreclosure actions; reports through 2013.  L 2011, c 48, §§ 40, 41.

 

     [§667-71]  Applicability.  (a)  This part shall apply to nonjudicial foreclosures conducted by power of sale under parts I and II, of residential real property that is occupied by one or more mortgagors who are owner-occupants.

     (b)  This part shall not apply to actions by an association to foreclose on a lien for amounts owed to the association that arise under a declaration filed pursuant to chapter 514A or 514B, or to a mortgagor who has previously participated in dispute resolution under this part for the same property on the same mortgage loan.

     (c)  This part shall not apply to a power of sale foreclosure that has been converted to a judicial foreclosure action pursuant to section 667‑53. [L 2011, c 48, pt of §1]