The Office of Financial Regulation is accountable for the development and/or guidance of certain aspects of the foreclosure process involving home and receives certain notices and registrations related to the foreclosure procedure. Specifically, the Office promulgates guidelines concerning the types, sequence of files, and specific processes to be used as part of the foreclosure process, consisting of, however not limited to:

- the format and material of the Notice of Intent to Foreclose, the design template loss mitigation application, the preliminary loss mitigation affidavit, the last loss mitigation affidavit, the notice to accompany the order to docket;
- the cost, notification, application and instructions for prefile mediation, and a mediation checklist that explains the matters that shall be examined and thought about in a prefile mediation; and
- the demand kind for postfile mediation, the files and details to be provided by each party to the mediation, and a mediation checklist that explains the matters that shall be reviewed and considered in a postfile mediation

Refer to 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 permits authorized users to submit and/or browse the following foreclosure-related notices and registrations:

- The Notice of Intent to Foreclose is a caution notification to the property owner that a foreclosure action might be submitted against them in court. It should be sent out by certified and top-notch mail to the house owner no less than 45 days before a foreclosure action may be filed in court. Pursuant to Maryland law and policy, a copy of the Notice of Intent to Foreclose must 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 way. Filing a copy of the Notice of Intent to Foreclosure with the Commissioner must be accomplished before a party is licensed to file an action to foreclose a mortgage or deed of trust on house. 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 provides specific information concerning house subject to a foreclosure and need to be filed within 7 days of the filing of an order to docket or a grievance to foreclose a mortgage or deed of trust on the home. Refer to Md. Code Ann., Real Prop. §

7-105.2.-The Foreclosed Residential or commercial property Registration is intended 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 new owner. The Foreclosed Residential or commercial property Registration includes contact info for the purchaser, the party accountable for upkeep of the residential or commercial property, and the entity authorized to accept legal service on behalf of the purchaser, in addition to other pertinent information such as whether the residential or commercial property is known to be inhabited, the date of the sale, and the date of court ratification. This details is meant, in part, to enable city governments to address issues associated with the residential or commercial property, such as code enforcement, nuisance reduction, residential or commercial property upkeep, police, public security, public health, emergency services (fire, EMS), to inform public policy (i.e. information collection to identify patterns, establish policy reactions, and so on), and to aid in the collection of pertinent taxes. Within 30 days after a foreclosure sale of house, a foreclosure buyer shall submit a Preliminary Registration ($50 filing cost if timely/$100 filing charge if late) and within one month after a deed moving title to the house has actually been taped, the foreclosure buyer shall send a Last Registration (no filing cost). Refer to Md. Code Ann., Real Prop. § 7-105

.14. After Initial Registration, and within 21 service days of a modification, a foreclosure buyer need to update its registration with any modification in 1) the name and address of the individual, consisting of a replacement buyer, who is licensed to accept legal service for the foreclosure buyer, 2) if understood, the occupancy/vacancy status of the residential or commercial property, 3) the name, phone number, and street address of the individual who is accountable for the upkeep of the residential or commercial property, and 4) the status of whether the foreclosure purchaser has belongings of the residential or commercial property.

NOTE: Specific notice and registration details in the Foreclosure Registration System is typically private and is not public details. Maryland State and City government Officials might be licensed in their official capacity to see Notices of Foreclosure or Foreclosed Residential Or Commercial Property Registrations (for their particular jurisdictions only) by establishing a Government User account in the Foreclosure Registration System. Additionally, a property owner's association or condominium in which a residential or commercial property in questions lies, or a person who owns residential or commercial property on the exact same block as a residential or commercial property in concern, may request from OFR or local jurisdiction specific info related to a Notice 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 noted above, OFR is restricted from supplying details concerning particular residential or commercial properties to the general public. System users besides State and regional government authorities just have access to those notices and registrations that they have submitted. The Office is not permitted to supply lists of foreclosed residential or commercial properties to the public.

For assistance relating to the Foreclosure Registration System, contact Office staff by email at [email protected] 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 process are expected to be educated about and in compliance with Maryland residential foreclosure laws, and any other applicable State or Federal statutes, guidelines, and guidelines. Maryland laws, guidelines, and guidelines can be discovered by accessing the Annotated Code of Maryland and Rules and Code of Maryland Regulations (COMAR).