Title 42, The Public Health and WelfareRelease 119-102
§8108 Warnings to Homeowners of Foreclosure Rescue Scams
Title 42 › CHAPTER 90 — NEIGHBORHOOD AND CITY REINVESTMENT, SELF-HELP AND REVITALIZATION › SUBCHAPTER I — NEIGHBORHOOD REINVESTMENT CORPORATION › § 8108
Full Legal Text
Title 42, §8108
The Public Health and Welfare, Source: USLM XML via OLRC
(a)Notwithstanding any other provision of law, of any amounts made available for any fiscal year pursuant to section 1701x(a)(4)(F) of title 12 (as added by section 1444),11 See References in Text note below. 10 percent shall be used only for assistance to the Neighborhood Reinvestment Corporation for activities, in consultation with servicers of residential mortgage loans, to provide notice to borrowers under such loans who are delinquent with respect to payments due under such loans that makes such borrowers aware of the dangers of fraudulent activities associated with foreclosure.
(b)The Neighborhood Reinvestment Corporation, in consultation with servicers of residential mortgage loans, shall use the amounts provided pursuant to subsection (a) to carry out activities to inform borrowers under residential mortgage loans—
(1)that the foreclosure process is complex and can be confusing;
(2)that the borrower may be approached during the foreclosure process by persons regarding saving their home and they should use caution in any such dealings;
(3)that there are Federal Government and nonprofit agencies that may provide information about the foreclosure process, including the Department of Housing and Urban Development;
(4)that they should contact their lender immediately, contact the Department of Housing and Urban Development to find a housing counseling agency certified by the Department to assist in avoiding foreclosure, or visit the Department’s website regarding tips for avoiding foreclosure; and
(5)of the telephone number of the loan servicer or successor, the telephone number of the Department of Housing and Urban Development housing counseling line, and the Uniform Resource Locators (URLs) for the Department of Housing and Urban Development Web sites for housing counseling and for tips for avoiding foreclosure.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
section 1444, referred to in subsec. (a), means section 1444 of Pub. L. 111–203. Codification Section was enacted as part of the Expand and Preserve Home Ownership Through Counseling Act and also as part of the Mortgage Reform and Anti-Predatory Lending Act and as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and not as part of the Neighborhood Reinvestment Corporation Act which comprises this subchapter.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on the date on which final
Regulations
implementing such section take effect, or on the date that is 18 months after the designated transfer date if such
Regulations
have not been issued by that date, see section 1400(c) of Pub. L. 111–203, set out as an
Effective Date
of 2010 Amendment note under section 1601 of Title 15, Commerce and Trade.
Reference
Citations & Metadata
Citation
42 U.S.C. § 8108
Title 42, The Public Health and Welfare
Last Updated
Aug 21, 2026
Release point: 119-102