{"id":"AGY-ST-INSURANCE-BANKING-037","kind":"order","level":"sector-regulator","jurisdiction":"Maryland; Office of the Commissioner of Financial Regulation","state":"MD","metro":"","industry":"","agency":"ST-INSURANCE-BANKING","eco":"","issuer":"Antonio P. Salazar, Commissioner of Financial Regulation","authority":"Executive Order 20-12-17-02 § IV(c)","instrument":"Amended Regulatory Guidance Regarding Foreclosures (April 28, 2021)","title":"Amended Regulatory Guidance Regarding Foreclosures (Re-Start Date moved to July 1, 2021)","dateIssued":"2021-04-28","effective":"2021-04-28","end":"Residential foreclosure notices of intent could resume on the July 1, 2021 Re-Start Date","startDate":"2021-04-28","endDate":"2021-07-01","quarters":["2021Q2","2021Q3"],"types":["CRT","OTHER"],"addressees":["mortgage lenders and servicers","secured parties"],"clause":"[On January 27, 2021 the] Commissioner issued Regulatory Guidance Regarding Foreclosures, specifically amending the \u0027Re-Start [Date\u0027 to April 1, 2021; on] February 22, 2021 the Commissioner issued Amended Regulatory Guidance Regarding Foreclosures, [moving it to May 4, 2021; on March 29, 2021 the Commissioner issued further Amended] Regulatory Guidance Regarding Foreclosures, specifically amending the \u0027Re-Start Date\u0027 in Section IV(c) of the Order to May 4, 2021 (the \u0027March 2021 Amended Regulatory Guidance\u0027)... binding Regulatory Guidance is necessary in order to prevent and reduce foreclosure of residential [property; the Re-Start Date is amended to July 1, 2021].","enforcement":"Md. Code, Pub. Safety § 14-3A-05; Real Prop. § 7-105.1","functions":["SV servicing and foreclosure (residential foreclosure initiation barred until July 1, 2021)","ML mortgage lending","CL closings and title (foreclosure sales)"],"notes":"The last of three amendments (Feb. 22, Mar. 29, Apr. 28, 2021); Maryland residential foreclosures could not be commenced until the third quarter of 2021.","sourceUrl":"https://dllr.state.md.us/finance/advisories/advisory-foreclosuremoratorium_julyrestart.pdf","snapshot":"","fileExists":true,"fileBytes":365054,"grade":"primary","character":"","description":"","collection":"AGY-ST-INSURANCE-BANKING","url":"/library/AGY-ST-INSURANCE-BANKING-037","exhibitUrl":"/exhibit/AGY-ST-INSURANCE-BANKING-037","citation":"Antonio P. Salazar, Commissioner of Financial Regulation, Amended Regulatory Guidance Regarding Foreclosures (April 28, 2021) (Apr. 28, 2021) (Ex. AGY-ST-INSURANCE-BANKING-037)","stateName":"Maryland","related":[]}