A5003 — Requires receivership appointment application prior to certain foreclosure actions; requires notice of intention to foreclosure on residential mortgage to be filed within 180 days prior to commencing foreclosure; limits reinstatements of dismissed mortgag

A5003 — Requires receivership appointment application prior to certain foreclosure actions; requires notice of intention to foreclosure on residential mortgage to be filed within 180 days prior to commencing foreclosure; limits reinstatements of dismissed mortgag · Informed CitizenryThis bill amends New Jersey law regarding residential mortgage foreclosures. It requires lenders to provide written notice of their intention to foreclose to a debtor between 30 and 180 days before…Open in Informed Citizenry