Sec. 49-31r. Foreclosure mediation: Notice of community-based resources.
169 words·~1 min read·
/ct/title-49/chapter-846-mortgages/49-31r·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A mortgagee, as defined in section 49-8a , shall include the form promulgated by the Judicial Branch, in accordance with subsection
(c)of section 49-31 l , concerning notice of community-based resources to parties involved in foreclosure mediation with any notice to a mortgagor, as defined in said section 49-8a , of an intent to accelerate the mortgage loan.
(b)The Judicial Branch shall provide such form to parties involved in foreclosure mediation to public libraries, religious organizations and community-based programs throughout this state to ensure that such form is readily available to mortgagors.
(c)Such form shall include the following:
(1)A reference to CHFA/HUD-Approved Housing Counselors in lieu of a reference to CHFA-Approved Housing Counselors;
(2)A column in the approved housing counselor chart that includes the counties in which each housing counselor serves; and
(3)A notification to mortgagors who are currently parties to a foreclosure action that they should contact the Department of Banking's foreclosure assistance hotline for assistance with time sensitive foreclosure concerns.