Sec. 805. DESIGNATION OF FORECLOSURE COMMISSIONER
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## SEC. 805 DESIGNATION OF FORECLOSURE COMMISSIONER **[**[12 U.S.C. 3754](/us/usc/t12/s3754)**]** ###
(a)In General The Secretary may designate a person or persons to serve as a foreclosure commissioner or commissioners for the purpose of foreclosing upon a single family mortgage. ###
(b)Power of Sale A foreclosure commissioner designated under this section shall have a nonjudicial power of sale. ###
(c)Qualifications The foreclosure commissioner, if a natural person, shall be a resident of the State in which the security property is located and, if not a natural person, the foreclosure commissioner must be duly authorized to transact business under laws of the State in which the security property is located. No person shall be designated as a foreclosure commissioner unless that person is responsible, financially sound, and competent to conduct a foreclosure. ###
(d)Designation Procedure ####
(1)Written designation The Secretary may designate a foreclosure commissioner by executing a written designation stating the name and business or residential address of the commissioner, except that if a person is designated in his or her capacity as an official or employee of a government or corporate entity, such person may be designated by his or her unique title or position instead of by name. ####
(2)Substitute commissioners The Secretary may, with or without cause, designate a substitute foreclosure commissioner to replace a previously designated foreclosure commissioner. ####
(3)Number More than 1 foreclosure commissioner may be designated at any time.
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Sec. 805
DESIGNATION OF FORECLOSURE COMMISSIONER
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