New Hampshire Governor signs foreclosure notice extension law

Guts! It takes guts! Good work New Hampshire.

Justice League

Gov. Maggie Hassan has signed legislation that forces banks to mail foreclosure notices 45 days before scheduled auctions – nearly twice the number of days than is currently required in the state.

Loan providers are currently required to send notices 25 days before a sale, which is 12 days fewer than homeowners have under federal law to apply for a loan modification.

Lawmakers have been debating the extension for months. Proponents, who initially pushed for a 65-day notice, claim it will align the state with new federal guidelines announced last year through an effort to increase protections on struggling households.

Read on.

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1 thought on “New Hampshire Governor signs foreclosure notice extension law

  1. Does it really matter Ginny how many days the rope is around one’s neck before the chair is kicked out from under you. There should be no foreclosures allowed for starters to begin with. Gary

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