7.06.130 Notice Requirements

Before the borrower/mortgagor has been delinquent for ninety (90) days and at least ten (10) days before initiating a foreclosure action in Tribal Court, the lender shall advise the borrower/mortgagor in writing by mail or by posting prominently on the unit, with a copy provided to the Tribe, as follows:

(a) Advise the borrower/mortgagor that information regarding the loan and default will be given to credit bureaus.

(b) Advise the borrower/mortgagor of homeownership counseling opportunities and programs available through the lender/mortgagee or otherwise.

(d) In addition to the preceding notification requirements, the lender/mortgagee shall complete the following additional notice requirements:

(1) notify the borrower/mortgagor that if the mortgage remains in default for more than ninety (90) days, the lender/mortgagee may ask the applicable governmental agency to accept assignment of the mortgage if this is a requirement of the governmental program;

(2) notify the borrower/mortgagor of the qualifications for forbearance relief from the lender/mortgagee, if any, and that forbearance relief may be available from the government if the mortgage is assigned; and

(3) provide the borrower/mortgagor with names and addresses of government officials to whom further communications may be addressed, if any.