D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-C. BANKING AND FINANCIAL INSTITUTONS |
Chapter 26-C27. FORECLOSURE MEDIATION |
Section 26-C2709. RECEIPT OF MEDIATION ELECTION FORM AND LOSS MITIGATION APPLICATION ON BEHALF OF LENDER
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2709.1[REPEALED]
2709.2[REPEALED]
2709.3A copy of a Mediation Election Form (Form FM-2) delivered to the Mediation Administrator in compliance with Subsection 2708.2(b) shall constitute service upon the lender of the Mediation Election Form (Form FM-2) as required by Section 539b(c) of the Act.
2709.4The Mediation Administrator may send to the lender's office that will review the Loss Mitigation Application and prepare the loss mitigation analysis, a copy of the Mediation Election Form (Form FM-2) and Loss Mitigation Application that were received from a borrower pursuant to Subsection 2708.2(b). The Mediation Administrator may send the information required by this subsection by electronic mail to the address listed on Lender Foreclosure Mediation Agent Contact Form (Form FM-1AC) filed pursuant to Subsection 2703.8.