By Kevin Hildebeidel
Cohn, Goldberg & Deutsch, LLC
USFN Member (DC, MD)
The HAF Notice statute B24-0883 was
signed by the Mayor of the District of Columbia on 7/25/22, and enacted as
A24-0508. This triggers a five business-day period for the Mayor to generate a HAF
Notice Form to be uploaded to the DC HAF website, for use by mortgage
servicers, which period ends on 8/1/22. Investors and Servicers cannot
initiate or resume foreclosure in DC until 30 days after a compliant notice is
sent. For more information see https://lims.dccouncil.us/Legislation/B24-0883.
Once the Mayor provides the template for the HAF Notice, such notices will need
to be sent on each loan before servicers can proceed with the foreclosure process.