Statutes, codes, and regulations
Code of Federal Regulations
Title 24 - HOUSING AND URBAN DEVELOPMENTSubtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENTChapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTSubchapter I - HUD-OWNED PROPERTIESPart 290 - DISPOSITION OF MULTIFAMILY PROJECTS AND SALE OF HUD-HELD MULTIFAMILY MORTGAGES
Subpart B - SALE OF HUD-HELD MULTIFAMILY MORTGAGES
Section 290.33 - Sale of delinquent mortgages securing subsidized projects

24 C.F.R. § 290.33

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Current through November 30, 2024
Section 290.33 - Sale of delinquent mortgages securing subsidized projects

Delinquent mortgages securing subsidized projects will be sold only if, as part of the sales transaction:

(a) The mortgages are restructured; and
(b) Either FHA mortgage insurance or equivalent protections are provided.

24 C.F.R. § 290.33