24 C.F.R. § 234.54 Eligibility of assigned mortgages and mortgages covering acquired property.
Title 24 - Housing and Urban Development
The Commissioner may insure under this part, without regard to any limitation upon eligibility contained in this subpart (except that the property must be located in a condominium project approved under §234.26), any mortgage assigned to the Commissioner in connection with payment under a contract of mortgage insurance, or executed in connection with a sale by the Commissioner of any property acquired in the settlement of an insurance claim under any section or title of the Act.
Title 24: Housing and Urban Development
PART 234—CONDOMINIUM OWNERSHIP MORTGAGE INSURANCE
Subpart A—Eligibility Requirements—Individually Owned Units
§ 234.54 Eligibility of assigned mortgages and mortgages covering acquired property.
