APPENDIX G. STATE FORECLOSURE PROCESS AND STATUTORY BID INFORMATION STATE FORECLOSURE PROCESS State Procedure (Type of Foreclosure Proceeding) Final Event (Loan Termination Event) Confirmation or Ratification of Sale State? Significant Event Update that Defines Loan Termination Data Element that Provides Loan Termination Date Max. Allowable Foreclosure Timeframe excluding 210 effective to 1/3/16 Max. Allowable Foreclosure Timeframe including 210 effective 1/4/16** After Sale Redemption State? Maximum Redemption Period (Calendar) Alabama Non-Judicial Sale No Results of Sale Date of Sale 60 360 Yes 365 Alabama Judicial Sale No Results of Sale Date of Sale 60 360 Yes 365 Alaska Judicial Confirmation/Ratification Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 120 450 Yes 365 Alaska Non-Judicial Sale No Results of Sale Date of Sale 120 450 No Not Applicable Arizona Non-Judicial Sale No Results of Sale Date of Sale 120 330 No Not Applicable Arizona Judicial Sale No Results of Sale Date of Sale 120 330 No Not Applicable Arkansas Judicial Sale No Results of Sale Date of Sale 90 450 No Not Applicable Arkansas Non-Judicial Sale No Results of Sale Date of Sale 90 450 No Not Applicable California Non-Judicial Sale No Results of Sale Date of Sale 150 510 No Not Applicable California Judicial Sale No Results of Sale Date of Sale 150 510 No Not Applicable
Delaware Non-Judicial Confirmation/Ratification Yes Holder Convey - Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 240 780 No Not Applicable District of Columbia Non-Judicial Sale No Results of Sale Date of Sale 60 300 No Not Applicable District of Columbia Judicial Sale No Results of Sale Date of Sale 60 300 No Not Applicable Florida Judicial Confirmation/Ratification Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 150 810 No Not Applicable Florida Non-Judicial Confirmation/Ratification Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Date of Ratification of Sale 150 810 No Not Applicable Confirmation Confirmation Confirmation
Sale Date with No Transfer of Custody Georgia Non-Judicial Sale No Results of Sale Date of Sale 90 330 No Not Applicable Georgia Judicial Sale No Results of Sale Date of Sale 90 330 No Not Applicable Guam Non-Judicial Sale No Results of Sale Date of Sale 180 500 Yes 365 Guam Judicial Sale No Results of Sale Date of Sale 180 500 Hawaii Judicial of Sale Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 240 840 No Not Applicable Hawaii Non-Judicial of Sale Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 240 840 No Not Applicable Confirmation Confirmation
Sale Date with No Transfer of Custody Maryland Judicial Ratification of Sale Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 90 660 No Not Applicable Massachusetts Judicial Order Sale No Results of Sale Date of Sale 180 440 No Not Applicable Massachusetts Non-Judicial Sale No Results of Sale Date of Sale 180 440 No Not Applicable Michigan Judicial Sale No Results of Sale Date of Sale 90 300 Yes 365 Michigan Non-Judicial Sale No Results of Sale Date of Sale 90 300 Yes 365 Minnesota Judicial Sale Yes Results of Sale Date of Sale 90 390 Yes 365 Minnesota Non-Judicial Sale No Results of Sale Date of Sale 90 390 Yes 365 Mississippi Non-Judicial Sale No Results of Sale Date of Sale 90 360 No Not Applicable Mississippi Judicial Sale No Results of Sale Date of Sale 90 360 No Not Applicable Confirmation
Missouri Judicial Confirmation/Ratification Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 60 330 No Not Applicable Missouri Non-Judicial Sale No Results of Sale Date of Sale 60 330 Yes 365 Montana Judicial Confirmation/Ratification Yes Holder Convey - Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 150 450 Yes 365 Montana Non-Judicial Sale No Results of Sale Date of Sale 150 450 No Not Applicable Nebraska Judicial of Sale Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Date of Ratification of Sale 180 420 No Not Applicable Confirmation Confirmation Confirmation
Sale Date with No Transfer of Custody Nebraska Non-Judicial Sale No Results of Sale Date of Sale 120 420 No Not Applicable Nevada Non-Judicial Sale No Results of Sale Date of Sale 150 690 No Not Applicable Nevada Judicial Sale No Results of Sale Date of Sale 150 690 No Not Applicable New Hampshire Non-Judicial Sale No Results of Sale Date of Sale 90 420 No Not Applicable New Hampshire Judicial Sale No Results of Sale Date of Sale 90 420 No Not Applicable New Jersey Judicial Sale No Results of Sale Date of Sale 300 750 Yes 10 New Jersey Non-Judicial Sale No Results of Sale Date of Sale 300 750 Yes 10 New Mexico Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 180 720 Yes 270 New Mexico Non-Judicial Yes Holder Convey – Transfer of Custody Date of Ratification of Sale 180 720 Yes 270 Confirmation Confirmation
Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody New York - Eastern Counties Judicial Sale No Results of Sale Date of Sale 270 990 No Not Applicable New York - Eastern Counties Non-Judicial Sale No Results of Sale Date of Sale 270 990 No Not Applicable New York - Western Counties Judicial Sale No Results of Sale Date of Sale 240 820 No Not Applicable New York - Western Counties Non-Judicial Sale No Results of Sale Date of Sale 240 820 No Not Applicable North Carolina Non-Judicial Sale No Results of Sale Date of Sale 120 450 Yes 10 North Carolina Judicial Sale No Results of Sale Date of Sale 120 450 Yes 10 North Dakota Judicial Sale Yes Results of Sale Date of Sale 240 630 Yes 180 North Dakota Non-Judicial Sale Yes Results of Sale Date of Sale 240 630 Yes 180 Ohio Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Date of Ratification of Sale 360 570 No Not Applicable Confirmation
Sale Date with No Transfer of Custody Ohio Non-Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 360 570 No Not Applicable Oklahoma Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 210 570 No Not Applicable Oklahoma Non-Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Date of Ratification of Sale 210 570 No Not Applicable Confirmation Confirmation Confirmation
Sale Date with No Transfer of Custody Oregon Judicial Sale No Results of Sale Date of Sale 150 600 Yes 180 Oregon Non-Judicial Sale No Results of Sale Date of Sale 150 600 No Not Applicable Pennsylvania Judicial Sale No Results of Sale Date of Sale 270 750 No Not Applicable Pennsylvania Non-Judicial Sale No Results of Sale Date of Sale 270 750 No Not Applicable Puerto Rico Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 450 720 No Not Applicable Puerto Rico Non-Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 450 720 No Not Applicable
Washington Judicial Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 150 660 Yes 365 Washington Non-Judicial Sale No Results of Sale Date of Sale 150 660 No Not Applicable West Virginia Non-Judicial Sale No Results of Sale Date of Sale 60 300 No Not Applicable West Virginia Judicial Sale No Results of Sale Date of Sale 60 300 No Not Applicable Wisconsin Judicial - Abandoned Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody? Date of Ratification of Sale 210 510 No Not Applicable
Wyoming Judicial Sale No Results of Sale Date of Sale 90 330 Yes 90 Wyoming Non-Judicial Sale No Results of Sale Date of Sale 90 330 Yes 90 **Federal Register Notice chart includes 210 days plus foreclosure timeframes for interest days calculated. STATUTORY BID REQUIREMENTS State/Territory Statutory Bid Reqs (Y/N)? County Name Statutory Bid Amount Statutory Bid Calculation Data Elements Required to Determine Bid Amount Significant Event Update that Provides Data Alabama N Alaska N Arizona N Arkansas Y All Counties Not Applicable Two-Thirds of Total Indebtedness Total Indebtedness Results of Sale California N Colorado N Connecticut Y All Counties Total Indebtedness Not Applicable Total Indebtedness Results of Sale