The new law essentially (i) expands existing pre-foreclosure notice requirements and (ii) creates a new statutory chapter granting additional protections to tenants impacted by foreclosures. Pre-Foreclosure Notice Requirements.
A new law banning cities and towns in Massachusetts from “equity theft” is now on the books. On Monday, Gov. Maura Healey signed the new law that stops municipalities from selling a foreclosed home and keeping more than what is owed in the former owner's equity as profit as an amendment in the fiscal 2025 budget.
Under New Hampshire law, the borrower typically receives just one warning about the foreclosure sale: a notice of sale. The lender has to personally serve the notice of sale to the borrower or mail it at least 45 days before the sale and publish it in a newspaper once a week for three weeks before the sale. (N.H. Rev.
First, you'll need to contact your lender and let them know you want the information. Depending on your lender, you may have to sign in to an online account, call a helpline, or send a formal letter to start the request process.
While the content of the letter will change depending on your situation, there are a few important aspects to include: Provide all details the best you can, including correct dates and dollar amounts. Explain how and when all situations were resolved. Detail why problems won't happen again.
A Notice of Intention to Foreclose is your lender telling you that they are planning to foreclose on your property because you are behind on your mortgage payments.