24 C.F.R. § 290.33 Sale of delinquent mortgages securing subsidized projects.
Title 24 - Housing and Urban Development
Delinquent mortgages securing subsidized projects will be sold only if, as part of the sales transaction: (a) The mortgages are restructured; and (b) Either FHA mortgage insurance or equivalent protections are provided.
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
§ 290.33 Sale of delinquent mortgages securing subsidized projects.
