IC 5-20-6
Chapter 6. Foreclosure Prevention Counseling and Assistance
IC 5-20-6-1 "Authority" defined
Sec. 1. As used in this chapter, "authority" refers to the Indiana
housing and community development authority created by
IC 5-20-1-3. As added by P.L.176-2007, SEC.1.
IC 5-20-6-2 Mortgage counseling and education program
Sec. 2. (a) The authority may establish a program to provide free
mortgage foreclosure counseling and education to homeowners who
have defaulted on or are in danger of defaulting on the mortgages on
their homes.
(b) The authority may enter into an agreement with any public,
private, or nonprofit entity to carry out any part of the mortgage
foreclosure counseling and education program.
(c) The program may include a central toll free telephone number
that homeowners may call to receive mortgage foreclosure
counseling and education.
(d) The authority may award grants for the training of counselors
who will provide mortgage foreclosure counseling and education.
(e) The authority may establish standards for the certification of
counselors who will provide mortgage foreclosure counseling and
education.
(f) The authority may expend money for the purpose of
advertising the mortgage foreclosure counseling and education
program and the central toll free telephone number included in the
program under subsection (c). As added by P.L.176-2007, SEC.1.
IC 5-20-6-3 Program funding; court fees; solicitation of contributions and
grants
Sec. 3. In addition to using money provided for the program from
court fees under IC 33-37-5-30 (before its expiration on January 1,
2013), the authority may solicit contributions and grants from the
private sector, nonprofit entities, and the federal government to assist
in carrying out the purposes of this chapter. As added by P.L.176-2007, SEC.1. Amended by P.L.105-2009,
SEC.3.
IC 5-20-6-4 Program report to the legislative council
Sec. 4. (a) The authority shall annually submit a report to the
legislative council concerning the following:
(1) The operation of the mortgage foreclosure counseling and
education program, if the program is conducted by the authority
during the reporting period.
(2) A summary of mortgage foreclosure rates and trends in
Indiana and the United States.
(b) The report submitted under this section must be in an
electronic format under IC 5-14-6. As added by P.L.176-2007, SEC.1.
IC 5-20-6
Chapter 6. Foreclosure Prevention Counseling and Assistance
IC 5-20-6-1 "Authority" defined
Sec. 1. As used in this chapter, "authority" refers to the Indiana
housing and community development authority created by
IC 5-20-1-3. As added by P.L.176-2007, SEC.1.
IC 5-20-6-2 Mortgage counseling and education program
Sec. 2. (a) The authority may establish a program to provide free
mortgage foreclosure counseling and education to homeowners who
have defaulted on or are in danger of defaulting on the mortgages on
their homes.
(b) The authority may enter into an agreement with any public,
private, or nonprofit entity to carry out any part of the mortgage
foreclosure counseling and education program.
(c) The program may include a central toll free telephone number
that homeowners may call to receive mortgage foreclosure
counseling and education.
(d) The authority may award grants for the training of counselors
who will provide mortgage foreclosure counseling and education.
(e) The authority may establish standards for the certification of
counselors who will provide mortgage foreclosure counseling and
education.
(f) The authority may expend money for the purpose of
advertising the mortgage foreclosure counseling and education
program and the central toll free telephone number included in the
program under subsection (c). As added by P.L.176-2007, SEC.1.
IC 5-20-6-3 Program funding; court fees; solicitation of contributions and
grants
Sec. 3. In addition to using money provided for the program from
court fees under IC 33-37-5-30 (before its expiration on January 1,
2013), the authority may solicit contributions and grants from the
private sector, nonprofit entities, and the federal government to assist
in carrying out the purposes of this chapter. As added by P.L.176-2007, SEC.1. Amended by P.L.105-2009,
SEC.3.
IC 5-20-6-4 Program report to the legislative council
Sec. 4. (a) The authority shall annually submit a report to the
legislative council concerning the following:
(1) The operation of the mortgage foreclosure counseling and
education program, if the program is conducted by the authority
during the reporting period.
(2) A summary of mortgage foreclosure rates and trends in
Indiana and the United States.
(b) The report submitted under this section must be in an
electronic format under IC 5-14-6. As added by P.L.176-2007, SEC.1.
IC 5-20-6
Chapter 6. Foreclosure Prevention Counseling and Assistance
IC 5-20-6-1 "Authority" defined
Sec. 1. As used in this chapter, "authority" refers to the Indiana
housing and community development authority created by
IC 5-20-1-3. As added by P.L.176-2007, SEC.1.
IC 5-20-6-2 Mortgage counseling and education program
Sec. 2. (a) The authority may establish a program to provide free
mortgage foreclosure counseling and education to homeowners who
have defaulted on or are in danger of defaulting on the mortgages on
their homes.
(b) The authority may enter into an agreement with any public,
private, or nonprofit entity to carry out any part of the mortgage
foreclosure counseling and education program.
(c) The program may include a central toll free telephone number
that homeowners may call to receive mortgage foreclosure
counseling and education.
(d) The authority may award grants for the training of counselors
who will provide mortgage foreclosure counseling and education.
(e) The authority may establish standards for the certification of
counselors who will provide mortgage foreclosure counseling and
education.
(f) The authority may expend money for the purpose of
advertising the mortgage foreclosure counseling and education
program and the central toll free telephone number included in the
program under subsection (c). As added by P.L.176-2007, SEC.1.
IC 5-20-6-3 Program funding; court fees; solicitation of contributions and
grants
Sec. 3. In addition to using money provided for the program from
court fees under IC 33-37-5-30 (before its expiration on January 1,
2013), the authority may solicit contributions and grants from the
private sector, nonprofit entities, and the federal government to assist
in carrying out the purposes of this chapter. As added by P.L.176-2007, SEC.1. Amended by P.L.105-2009,
SEC.3.
IC 5-20-6-4 Program report to the legislative council
Sec. 4. (a) The authority shall annually submit a report to the
legislative council concerning the following:
(1) The operation of the mortgage foreclosure counseling and
education program, if the program is conducted by the authority
during the reporting period.
(2) A summary of mortgage foreclosure rates and trends in
Indiana and the United States.
(b) The report submitted under this section must be in an
electronic format under IC 5-14-6. As added by P.L.176-2007, SEC.1.
