The Office of Financial Regulation is accountable for the development and/or guidance of specific aspects of the foreclosure procedure involving residential home and receives particular notifications and registrations connected to the foreclosure process. Specifically, the Office promulgates regulations regarding the types, series of files, and specific processes to be utilized as part of the foreclosure process, including, however not limited to:

- the format and content of the Notice of Intent to Foreclose, the design template loss mitigation application, the initial loss mitigation affidavit, the last loss mitigation affidavit, the notification to accompany the order to docket;
- the fee, notification, application and instructions for prefile mediation, and a mediation list that explains the matters that shall be examined and thought about in a prefile mediation; and
- the demand kind for postfile mediation, the documents and details to be supplied by each party to the mediation, and a mediation checklist that explains the matters that will be evaluated and considered in a postfile mediation

Describe Md. Code Ann., Real Prop. § § 7-105.1 & 7-105

.18. Foreclosure Notices and Registrations

The Office administers Maryland's Foreclosure Registration System, a web-based application for submission of the foreclosure-related notices and registrations that are mandated by Maryland law. Specifically, the system enables licensed users to send and/or search the following foreclosure-related notices and registrations:

- The Notice of Intent to Foreclose is a caution notification to the house owner that a foreclosure action might be filed against them in court. It should be sent out by accredited and superior mail to the homeowner no less than 45 days before a foreclosure action might be submitted in court. Pursuant to Maryland law and regulation, a copy of the Notice of Intent to Foreclose should be digitally submitted to the Commissioner through the Foreclosure Registration System within 5 business days of sending by mail a Notification of Intent to Foreclose. The Commissioner does not accept submissions in any other manner. Filing a copy of the Notice of Intent to Foreclosure with the Commissioner need to be accomplished before a celebration is licensed to submit an action to foreclose a mortgage or deed of trust on home. Failure to adhere to this requirement will subject a violator to the enforcement jurisdiction of the Commissioner. Refer to Md. Code Ann., Real Prop. § 7-105.1(c)and COMAR 09.03.12.02.- The Notice of Foreclosure offers particular info concerning home topic to a foreclosure and should be submitted within 7 days of the filing of an order to docket or a grievance to foreclose a mortgage or deed of trust on the house. Refer to Md. Code Ann., Real Prop. §

7-105.2.-The Foreclosed Residential or commercial property Registration is planned to track owner contact details for foreclosed residential or commercial properties in between the date of the foreclosure sale and recordation of the deed moving the residential or commercial property to the brand-new owner. The Foreclosed Residential or commercial property Registration consists of contact details for the buyer, the party responsible for upkeep of the residential or commercial property, and the entity authorized to accept legal service on behalf of the buyer, in addition to other pertinent information such as whether the residential or commercial property is understood to be occupied, the date of the sale, and the date of court ratification. This details is intended, in part, to allow local governments to attend to issues connected to the residential or commercial property, such as code enforcement, nuisance abatement, residential or commercial property upkeep, police, public security, public health, emergency situation services (fire, EMS), to notify public law (i.e. information collection to identify trends, develop policy reactions, and so on), and to assist in the collection of pertinent taxes. Within thirty days after a foreclosure sale of home, a foreclosure purchaser will send an Initial Registration ($50 filing charge if timely/$100 filing cost if late) and within 30 days after a deed transferring title to the domestic property has actually been tape-recorded, the foreclosure buyer shall send a Final Registration (no filing charge). Refer to Md. Code Ann., Real Prop. § 7-105

.14. After Initial Registration, and within 21 business days of a change, a foreclosure purchaser need to upgrade its registration with any modification in 1) the name and address of the person, consisting of a substitute purchaser, who is authorized to accept legal service for the foreclosure buyer, 2) if known, the occupancy/vacancy status of the residential or commercial property, 3) the name, phone number, and street address of the person who is responsible for the upkeep of the residential or commercial property, and 4) the status of whether the foreclosure buyer has belongings of the residential or commercial property.

NOTE: Specific notice and registration information in the Foreclosure Registration System is typically personal and is not public details. Maryland State and Local Government Officials may be authorized in their official capacity to view Notices of Foreclosure or Foreclosed Residential Or Commercial Property Registrations (for their particular jurisdictions only) by developing a Government User account in the Foreclosure Registration System. Additionally, a homeowner's association or condo in which a residential or commercial property in questions lies, or an individual who owns residential or commercial property on the same block as a residential or commercial property in concern, might ask for from OFR or regional jurisdiction particular details related to a Notification of Foreclosure or Foreclosed Residential Or Commercial Property Registration. See Md. Code Ann., Real Prop. § § 7-105.2(c)( 3) & 7-105.14(g)( 3 ).

Except as kept in mind above, OFR is forbidden from offering info relating to particular residential or commercial properties to the general public. System users aside from State and local government authorities only have access to those notifications and registrations that they have actually submitted. The Office is not allowed to supply lists of foreclosed residential or commercial properties to the general public.

For help concerning the Foreclosure Registration System, contact Office personnel by email at FinReg.ForeclosureSystems@maryland.gov or by phone at 410-230-6245.

Additional Information and Documents

Foreclosed Residential Or Commercial Property Registrations - Instructions for Foreclosure Purchasers

Maryland Foreclosure Registration System: Information for State and Local Government Officials

List of Government and Nonprofit Foreclosure-Related Resources (for inclusion with Notices of Intent to Foreclose) -this list is updated occasionally by the Maryland Department of Housing and Community Development

Laws, Rules, and Regulations

Persons getting involved in the foreclosure procedure are expected to be educated about and in compliance with Maryland residential foreclosure laws, and any other suitable State or Federal statutes, guidelines, and regulations. Maryland laws, guidelines, and guidelines can be found by accessing the Annotated Code of Maryland and Rules and Code of Maryland Regulations (COMAR).