24 C.F.R. § 236.535 Effect of assignment of mortgage.
Title 24 - Housing and Urban Development
In the event a mortgage subject to interest reduction payments is assigned to another approved mortgagee, the assignee shall thereupon succeed to all the rights and obligations of the assignor under the interest reduction contract.
Title 24: Housing and Urban Development
PART 236—MORTGAGE INSURANCE AND INTEREST REDUCTION PAYMENT FOR RENTAL PROJECTS
Subpart C—Interest Reduction Payments
§ 236.535 Effect of assignment of mortgage.