APPENDIX G. STATE FORECLOSURE PROCESS AND STATUTORY BID INFORMATION STATE FORECLOSURE PROCESS State Procedure Final Event (Loan Confirmation Significant Data Element Max. Max. After Sale Maximum (Type of Termination Event) or Ratification Event that Provides Allowable Allowable Redemption Redemption Foreclosure of Sale State? Update that Loan Foreclosure Foreclosure State? Period Proceeding) Defines Termination Timeframe Timeframe (Calendar) Loan Date excluding including Termination 210 210 effective to effective 1/3/16 1/4/16** Alabama Non-Judicial Sale No Results of Date of Sale 60 360 Yes 365 Sale Alabama Judicial Sale No Results of Date of Sale 60 360 Yes 365 Sale Alaska Judicial Confirmation/Ratification Yes Holder Date of 120 450 Yes 365 Convey – Transfer of Ratification Custody of Sale Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Alaska Non-Judicial Sale No Results of Date of Sale 120 450 No Not Sale Applicable Arizona Non-Judicial Sale No Results of Date of Sale 120 330 No Not Sale Applicable Arizona Judicial Sale No Results of Date of Sale 120 330 No Not Sale Applicable Arkansas Judicial Sale No Results of Date of Sale 90 450 No Not Sale Applicable Arkansas Non-Judicial Sale No Results of Date of Sale 90 450 No Not Sale Applicable California Non-Judicial Sale No Results of Date of Sale 150 510 No Not Sale Applicable California Judicial Sale No Results of Date of Sale 150 510 No Not Sale Applicable
APPENDIX G. STATE FORECLOSURE PROCESS AND STATUTORY BID INFORMATION STATE FORECLOSURE PROCESS State Procedure (Type of Foreclosure Proceeding) Final Event (Loan Termination Event) Confirmation or Ratification of Sale State? Significant Event Update that Defines Loan Termination Data Element that Provides Loan Termination Date Max. Allowable Foreclosure Timeframe excluding 210 effective to 1/3/16 Max. Allowable Foreclosure Timeframe including 210 effective 1/4/16** After Sale Redemption State? Maximum Redemption Period (Calendar) Alabama Non-Judicial Sale No Results of Sale Date of Sale 60 360 Yes 365 Alabama Judicial Sale No Results of Sale Date of Sale 60 360 Yes 365 Alaska Judicial Confirmation/Ratification Yes Holder Convey – Transfer of Custody Retain or 3rd Party – Confirmed Sale Date with No Transfer of Custody Date of Ratification of Sale 120 450 Yes 365 Alaska Non-Judicial Sale No Results of Sale Date of Sale 120 450 No Not Applicable Arizona Non-Judicial Sale No Results of Sale Date of Sale 120 330 No Not Applicable Arizona Judicial Sale No Results of Sale Date of Sale 120 330 No Not Applicable Arkansas Judicial Sale No Results of Sale Date of Sale 90 450 No Not Applicable Arkansas Non-Judicial Sale No Results of Sale Date of Sale 90 450 No Not Applicable California Non-Judicial Sale No Results of Sale Date of Sale 150 510 No Not Applicable California Judicial Sale No Results of Sale Date of Sale 150 510 No Not Applicable