24 C.F.R. § 235.370 Effect of assignment of mortgage with an assistance payment contract.
Title 24 - Housing and Urban Development
Where a mortgage covered by an assistance payment contract is sold to another approved mortgagee, the buyer shall succeed to all the rights and become bound by all the obligations of the seller under such contract.
Title 24: Housing and Urban Development
PART 235—MORTGAGE INSURANCE AND ASSISTANCE PAYMENTS FOR HOME OWNERSHIP AND PROJECT REHABILITATION
Subpart C—Assistance Payments—Homes for Lower Income Families
§ 235.370 Effect of assignment of mortgage with an assistance payment contract.
