24 C.F.R. § 27.5 Prerequisites to foreclosure.
Title 24 - Housing and Urban Development
Before commencement of a foreclosure under the Act and this subpart, HUD will provide to the mortgagor an opportunity informally to present reasons why the mortgage should not be foreclosed. Such opportunity may be provided before or after the designation of the foreclosure commissioner but before service of the notice of default and foreclosure.
Title 24: Housing and Urban Development
PART 27—NONJUDICIAL FORECLOSURE OF MULTIFAMILY AND SINGLE FAMILY MORTGAGES
Subpart A—Nonjudicial Foreclosure of Multifamily Mortgages
§ 27.5 Prerequisites to foreclosure.