§3705. Prerequisites to foreclosure — Inbound Citations

Citations to 12 U.S.C. § 3705 as a whole

• 12 U.S.C. § 3707(a)

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  (a) If the Secretary as holder of a multifamily mortgage determines that the prerequisites to foreclosure set forth in section 3705 of this title are satisfied, the Secretary may request the foreclosure commissioner to commence foreclosure of the mortgage. Upon such request, the foreclosure commissioner shall commence foreclosure of the mortgage, by commencing service of a notice of default and foreclosure sale in accordance with section 3708 of this title.