Website Postings. 1. Each foreclosure bid offered for sale via private auction shall be posted on the Servicer’s website. 2. The PM must specify the minimum number of days that the posting is to be listed prior to the commencement of any private auction. In no instance is this to be less then 45 days. 3. The PM must specify what information must be included on internet postings. Postings must include at a minimum a. Property’s borough, block, lot, street address, building class and/or Servicer’s description of the property b. Brief explanation of the process, rules, timeline and deadlines to be employed by the Servicer to sell its foreclosure bid via private auction c. List Price, i.
Appears in 4 contracts
Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement
