The purpose of this chapter is to protect homeowners from unfair or deceptive practices by foreclosure consultants or through foreclosure reconveyance agreements.

76 Del. Laws, c. 419, § ?1;

contract signature

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Terms Used In Delaware Code Title 6 Sec. 2401B

  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Foreclosure reconveyance: means a transaction involving:

    a. See Delaware Code Title 6 Sec. 2402B

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