[§667-83]  Stay of nonjudicial foreclosure proceedings.  (a)  The written notification of a case opening under section 667-79 shall operate as a stay of the foreclosure proceeding, and may be filed or recorded, as appropriate, at the land court or bureau of conveyances. 

     (b)  Upon a stay pursuant to subsection (a), a mortgagee shall not foreclose upon a mortgage:

     (1)  Until the neutral's report confirming either that the parties have been unable to reach an agreement under section 667-81(b) or the parties have reached an agreement that authorizes foreclosure under section 667-81(c) or (d) is filed with the department;

     (2)  If a statement of noncompliance has been issued against the mortgagee pursuant to section 667-82; or

     (3)  Unless otherwise provided by law or court order. [L 2011, c 48, pt of §1]