New Hampshire Governor signs foreclosure notice extension law

Guts! It takes guts! Good work New Hampshire.

Justice League

Gov. Maggie Hassan has signed legislation that forces banks to mail foreclosure notices 45 days before scheduled auctions – nearly twice the number of days than is currently required in the state.

Loan providers are currently required to send notices 25 days before a sale, which is 12 days fewer than homeowners have under federal law to apply for a loan modification.

Lawmakers have been debating the extension for months. Proponents, who initially pushed for a 65-day notice, claim it will align the state with new federal guidelines announced last year through an effort to increase protections on struggling households.

Read on.

View original post

One thought on “New Hampshire Governor signs foreclosure notice extension law

  1. Does it really matter Ginny how many days the rope is around one’s neck before the chair is kicked out from under you. There should be no foreclosures allowed for starters to begin with. Gary

    DUBIN LAW OFFICES Suite 3100, Harbor Court 55 Merchant Street Honolulu, Hawaii 96813

    Office: (808) 537-2300 Cellular: (808) 392-9191 Facsimile: (808) 523-7733 Email: gdubin@dubinlaw.net

    >

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s