MD BANK Notice to Foreclose Update


On Sep. 17, MD BANK reported non-substantive form updates.


  • MD BANK reported non-substantive updates to Notice of Intent to Foreclose (NOI).
  • Form Updates
  • Specifically, references to the Office of the Commissioner of Financial Regulation will be changed to Office of Financial Regulation, incorporating name change made in 2023
  • The pre-file foreclosure mediation packages have been updated for a change in URL.
  • Deadline
  • The changes are expected to be effective Oct. 22, 2024, and will be published both on the Help and Resources page of the Foreclosure Registration System, MD Code online.
  • All NOI forms saved on or before Oct. 21, 2024, must be submitted by Oct. 21, 2024.
  • Oct. 2024 MD BANK Intent Forms
  • On Oct. 4, 2024, MD BANK provided notice that revised NOI forms are available for preview, and show a date of MM/DD/YYYY, and on Oct. 22, 2024, the date will appear.

Regulators MD BANK
Entity Types Bank; Thrift
Reference PR, Info, 10/4/2024; PR, 9/17/2024
Functions Compliance; Legal; Operations; Technology
Countries United States of America
Category
State
Products Banking; Mortgage
Regions Am
Rule Type Final
Rule Date 9/17/2024
Effective Date 10/22/2024
Rule Id 226512
Linked to N/A
Reg. Last Update 10/4/2024
Report Section US Banking

Last substantive update on 10/08/2024