24 C.F.R. § 290.30 General.
Title 24 - Housing and Urban Development
(a) Except as otherwise provided in §290.31(a)(2), HUD will sell HUD-held multifamily mortgages on a competitive basis. HUD retains full discretion to offer any qualifying mortgage for sale and to withhold or withdraw any offered mortgage from sale. However, when a qualifying mortgage is offered for sale, the procedures set out in this subpart will govern the sale. (b) References in subpart B of this part to mortgages securing subsidized projects include HUD-held purchase money mortgages on subsidized projects. [61 FR 11685, Mar. 21, 1996, as amended at 61 FR 32265, June 21, 1996]
Title 24: Housing and Urban Development
PART 290—DISPOSITION OF MULTIFAMILY PROJECTS AND SALE OF HUD-HELD MULTIFAMILY MORTGAGES
Subpart B—Sale of HUD-Held Multifamily Mortgages
§ 290.30 General.
