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Ch. 6 LAWS OF MARYLAND
regulation prescribe codes and standards which shall apply in
that subdivision solely for purposes of this section. The
Secretary may allow exceptions to any code or standard, with the
approval of the local enforcement authority when necessary to
preserve the historic or architectural value of any building
undergoing rehabilitation pursuant to this section.
DRAFTER'S NOTE:
Error: Extraneous comma and incorrect word usage in
Article 41B, § 2-302(o)(2).
Occurred: Extraneous comma occurred in Ch. 311, Acts
of 1987. Incorrect word usage occurred in Ch. 400,
Acts of 1982.
2-307.
(d) Loans made under this subsection[,] that are deferred
under [subsection (c)(5)(i) of this section] § 2-303(F)(l) OF
THIS SUBTITLE , may be forgiven, wholly or partly, by the
Department.
DRAFTER'S NOTE:
Error: Extraneous punctuation and erroneous
cross-reference in Article 41B, § 2-307(d).
Occurred: Ch. 287, Acts of 1987.
2-311.
The Department may:
(1) In the case of any loans made pursuant to this
subtitle secured by first or junior mortgages, enforce them
according to their terms, foreclose and take title to properties
foreclosed upon, or accept conveyances in lieu of foreclosure;
convey title to purchasers; obtain and enforce deficiency
judgments; permit assumption of mortgages; and contract with
private mortgage servicers to perform functions ordinarily
performed by such servicers, including foreclosures and the
employment of counsel by the servicers, on behalf of the
Department. Approval or execution by the Board of Public Works is
not required to assign mortgages for value, to release mortgages
when paid, to accomplish foreclosures, to accept deeds in lieu of
foreclosures, or to convey property after acquisition;
(2) Require and obtain appraisals, credit
information, and other information related to making loans;
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