Initiation of the foreclosure process definition

Initiation of the foreclosure process means taking any of the following actions:
Initiation of the foreclosure process means taking possession of a residential, commercial, industrial, or mixed use property pursuant to M.G.L. chapter 244, section 1, publishing a first foreclosure notice of such a property pursuant to M.G.L. chapter 244, sec. 14, or commencing a foreclosure action on such a property in Land Court or Superior Court.
Initiation of the foreclosure process means the taking of any of the following actions: (i) taking possession of a residential property pursuant to MGL c. 244, § 1; (ii) publishing the first foreclosure notice of a residential property pursuant to MGL c. 244, § 14; (iii) delivering the mortgagee’s notice of intention to foreclose pursuant to MGL c. 244, § 17B; or (iv) commencing a foreclosure action on a residential property in either the Land Court or the Superior Court.

Examples of Initiation of the foreclosure process in a sentence

  • Initiation of the foreclosure process: shall mean taking any of the following actions: (1) Taking possession of a residential property pursuant to M.G.L.A. c.

  • Initiation of the foreclosure process means taking any of the following actions: (1) taking possession of a residential property pursuant to M.G.L. c.244, s.

  • Initiation of the foreclosure process – means any of the following actions taking by a mortgagee against the borrower or mortgagee of a property: (i) taking possession of the property; (ii) delivering a mortgagee’s notice of intention to foreclose to the borrower; (iii) commencing a foreclosure action or filing a lis pendens in the Superior Court of New Jersey.

  • Initiation of the foreclosure process shall mean taking any of the following actions: (1) Taking possession of a residential property pursuant to M.G.L.A. c.

  • Initiation of the foreclosure process is sometimes the only way to get an unresponsive borrower to reengage with their servicer.

  • The central place of the ergasteria in the financing of the cult leads us to the question of which monumental porch our inscription could refer to.

  • Initiation of the foreclosure process shall mean the taking of any of the following actions: (i) taking possession of a residential property pursuant to M.G.L. c.244, s 1; (ii) delivering the Mortgagee’s notice of intention to foreclose to the borrower pursuant to M.G.L. c.


More Definitions of Initiation of the foreclosure process

Initiation of the foreclosure process means taking any of the following actions: (i) taking possession of a residential property pursuant to M.G.L. c.244, s. 1; (ii) publishing the first foreclosure notice of a residential property pursuant to M.G.L. c. 244, s. 14; or (iii) commencing a foreclosure action on a residential property in either the Land Court or Essex Superior Court.
Initiation of the foreclosure process means taking possession of a residential, commercial, industrial, or mixed use property pursuant to M.G.L. chapter 244, section 1, publishing a first foreclosure notice of such a property pursuant to
Initiation of the foreclosure process means taking any of the following actions: 1) taking possession of a property pursuant to Massachusetts General Laws Chapter 244, Section 1;
Initiation of the foreclosure process. : means taking any of the following actions: (i) taking possession of a residential property pursuant to M.G.L. c.244, s. 1; (ii) publishing the first foreclosure notice of a residential property pursuant to
Initiation of the foreclosure process means any of the following actions taking by a mortgagee against the borrower or mortgagee of a property:

Related to Initiation of the foreclosure process

  • Foreclosure Proceeds Proceeds, net of any related expenses of the Servicer, Special Servicer, the Certificate Administrator and/or the Trustee, received in respect of any Foreclosed Property (including, without limitation, proceeds from the operation or rental of such Foreclosed Property) prior to the final liquidation of the Foreclosed Property.

  • RFP Process or “Bidding Process” means the process governing the submission and evaluation of the Bids as set out in the RFP itself;

  • Disruption of the educational process means the interruption of classwork, the creation of disorder, or the invasion of the rights of a student or group of students.

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • Dispositional hearing means a hearing to determine the order of disposition which should be made with respect to a child adjudged to be a ward of the court;

  • Initiation means, with respect to a Clinical Trial, the administration of the first dose to a patient in such Clinical Trial.

  • Protective proceeding means a judicial proceeding in which a protective order is sought or has been issued.

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Foreclosure means the process by which a property, placed as security for a real estate loan, is sold at auction to satisfy the debt if the trustor (borrower) defaults.

  • eligible proceeding means a legal proceeding or investigative action, whether current, threatened, pending or completed, in which a director, former director or alternate director of the Company (an “eligible party”) or any of the heirs and legal personal representatives of the eligible party, by reason of the eligible party being or having been a director or alternate director of the Company:

  • Child custody proceeding means a proceeding in which legal custody, physical custody, or visitation with respect to a child is an issue. The term includes a proceeding for divorce, separation, neglect, abuse, dependency, guardianship, paternity, termination of parental rights, and protection from domestic violence in which the issue may appear. The term does not include a proceeding involving juvenile delinquency, contractual emancipation, or enforcement under Part 3 of this Article.

  • Foreclosure Property shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Random selection process means a process by which currently income-eligible households are selected for placement in affordable housing units such that no preference is given to one applicant over another except for purposes of matching household income and size with an appropriately priced and sized affordable unit (e.g., by lottery).

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • Disciplinary proceeding means an adjudicative proceeding permitted under this

  • Day Case Procedure means a Medically Necessary surgical procedure for investigation or treatment to the Insured Person performed in a medical clinic, or day case procedure centre or Hospital with facilities for recovery as a Day Patient.

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • Process or “Processing” means any operation or set of operations which is performed upon the Personal Data, whether or not by automatic means, such as collection, recording, organization, storage, adaptation or alteration, retrieval, consultation, disclosure by transmission, dissemination or otherwise making available, alignment or combination, blocking, erasure, or destruction.

  • Manual Load Dump Action means an Operating Instruction, as defined by NERC, from PJM to shed firm load when the PJM Region cannot provide adequate capacity to meet the PJM Region’s load and tie schedules, or to alleviate critically overloaded transmission lines or other equipment. Manual Load Dump Warning:

  • Qualified Medical Child Support Order means a Medical Child Support Order which creates (including assignment of rights) or recognizes an Alternate Recipient's right to receive benefits to which a Participant or Qualified Beneficiary is eligible under this Plan, and has been determined by the Plan Administrator to meet the qualification requirements as outlined under “Procedures” of this provision.

  • Approval of a vehicle means the approval of a vehicle type with regard to sound;