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(a) Any property with foreclosure proceedings with a mortgage held through the Federal Housing Finance Agency ("FHFA"), who acts as a conservator (i.e. Fannie Mae and Freddie Mac) is exempt from the fee requirements of this registry, but are requested to notify the City of properties that may be subject to this list sans FHFA involvement.
(b) This exemption is specifically in accordance with the doctrine of preemption through Article VI, paragraph two (2) of the United State Constitution.
(c) This chapter does not apply to County Land Reutilization Corporations organized under Ohio Revised Code Chapter 1724.