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Miss. Bill Affects Foreclosures.(Mississippi )(Brief Article)

Mortgage Servicing News

| August 02, 2004 | COPYRIGHT 2004 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Two pieces of legislation recently enacted in Mississippi will affect the rules for mortgage lenders, and one of them focuses on foreclosure sales.

The bills were signed by Mississippi Gov. Haley Barbour. H.R. 520 provides for the publication of foreclosure sale notices in certain newspapers.

The bill, which became effective in April, amended the previous statutes to include foreclosure sale notices as legal notices that may be published by certain newspapers in particular circumstances.

The bill specifies that newspapers published in a municipality whose corporate limits encompass territory in ...

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