HUD Designated Foreclosure Commissioner for HUD-Held and HECM Reverse Mortgages
ABOUT US
Tatman Legal is a full service, multi-state law firm practicing in AZ, CA, FL, OR, TX, and WA.
Our clients include mortgage lenders, credit unions, loan servicing companies, private & commercial real-estate investors.
Foreclosure Services at Tatman Legal
HUD Designated Foreclosure Commissioner for HUD-Held and HECM Reverse Mortgages
Jason C. Tatman holds HUD designation as a Single Family Foreclosure Commissioner and conducts non-judicial sales of HUD-held mortgages under the Single Family Mortgage Foreclosure Act, 12 U.S.C. 3751 to 3768, and 24 C.F.R. Part 27, Subpart B. The firm serves as commissioner in Arizona, California, Hawaii, Nevada, Oklahoma, Oregon, Texas and Washington for HUD, its servicing contractors, and HECM reverse mortgage servicers whose loans have been assigned to the Secretary.
What a Commissioner Sale Is
Once HUD holds a mortgage, the Act preempts state foreclosure procedure and the designated commissioner conducts the sale. The commissioner serves and publishes the Notice of Default and Foreclosure Sale with the elements required by 12 U.S.C. 3757, publishes once a week for three consecutive weeks, mails the notice to the mortgagor and lienholders at least 21 days before the sale, conducts the public auction, and delivers the commissioner’s deed. There is no post-sale right of redemption.
HECM Reverse Mortgage Foreclosures
Reverse mortgages assigned to HUD after the loan reaches 98 percent of the maximum claim amount are foreclosed through the commissioner once the loan is due and payable, whether by the death of the last borrower, non-occupancy, or unpaid taxes and insurance. We coordinate with the servicing contractor on the due and payable approval, the appraisal, and the occupied conveyance process after sale. Deed in lieu and short sale options are handled through our loss mitigation team.
States and Post-Sale Possession
| State | Role | Post-sale possession |
|---|---|---|
| Arizona, California, Oregon, Texas, Washington | Commissioner sale plus eviction and title work under state law | Unlawful detainer or forcible detainer handled by the firm |
| Hawaii, Nevada, Oklahoma | Commissioner sale only | Referred to local counsel for possession |
| Florida | Not a commissioner state for the firm | State-law judicial foreclosure through Darren J. Devlin |
Questions Servicers Ask
How long does a HUD commissioner sale take?
The notice period alone is roughly five weeks from first publication. Most files close within 90 days of referral when the file arrives complete.
Does state foreclosure law apply?
No. The Act governs the notice, the sale and the deed. State law still governs post-sale possession and recording.
Can the firm also handle the eviction?
Yes, in Arizona, California, Oregon, Texas and Washington.
What do you need to open a file?
The note and mortgage or deed of trust, the assignment to HUD, the due and payable approval, the payoff figures, the property address, and any title report already ordered.
Why Choose Tatman Legal
Our firm combines a profound understanding of foreclosure law with a steadfast dedication to our clients’ success. With Tatman Legal, you benefit from:
State-Specific Expertise:
Our attorneys are well-versed in the unique legal landscapes of Arizona, California, Florida, Oregon, Texas, and Washington.
Diverse Clientele Representation:
We cater to a wide range of financial institutions and private lenders, ensuring tailored solutions for each client’s specific needs.
Efficient and Effective Resolution:
Our aim is to secure the most favorable outcomes efficiently and effectively.
Transparent Communication:
We keep our clients informed throughout the process, ensuring clarity and understanding at every step.
White Glove Service:
Our renowned white-glove service has become a defining feature of our reputation. We take pride in delivering top-tier performance metrics across a wide range of client needs, considering this high level of accountability to be a cornerstone of our success.
Contact Tatman Legal for HUD Commissioner Foreclosure Representation
Lenders seeking to maximize recoveries on defaulted loans can entrust Tatman Legal for premier foreclosure services. Our team of legal experts specializes in converting complex foreclosure processes into transparent resolutions for both institutional and private lenders. At Tatman Legal, we serve as a dynamic augmentation of your team, delivering all-inclusive solutions and consistent communication from the initial pre-foreclosure stages through to the final sale. Our team provides quick turnaround/responses for our clients and attorneys are readily available to answer questions. We also offer training on new topics or changes in the law to our clients and their teams. Our steadfast dedication and perseverance in managing the foreclosure process assure our clients of a confident approach towards achieving successful outcomes.
For expert legal assistance in traditional and non-traditional foreclosure matters across Arizona, California, Florida, Oregon, Texas, and Washington, contact Tatman Legal today. Let our team guide you through these intricate legal processes with the skill and dedication you deserve.