Requires mortgage lenders to maintain vacant, age-restricted dwelling units during foreclosure.

This bill requires mortgage lenders to maintain vacant, age-restricted housing units during foreclosure to prevent them from becoming public nuisances. Lenders must notify local officials within 10 days of filing a foreclosure lawsuit and provide contact details for a maintenance representative. If the vacant unit violates local codes, the municipality must give the lender 30 days to fix the issue; failure to do so allows the municipality to impose penalties and seek reimbursement for cleanup costs. The bill specifically targets age-restricted properties, typically designed for older residents, to maintain community standards during foreclosure.