The Administration may purchase mortgage loans from lenders, make direct mortgage loans for eligible residences in projects, or make forward commitments to make or to purchase permanent mortgage loans for eligible residences to be constructed or rehabilitated by developers.
Md. Code Regs. 05.03.02.02
Regulations .02 adopted effective July 30, 1984 (11:15 Md. R. 1329)
Regulation .02T amended effective January 8, 1990 (16:26 Md. R. 2786)
Regulations .02 adopted effective September 30, 1991 (18:19 Md. R. 2098)