StacksVerified U.S. regulatory reference

24 CFR §1005.747

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The Servicer shall explore assumption as a loss mitigation option with the Borrower in accordance with § 1005.711. Assumptions associated with loss mitigation must result in the cure of the default and reinstatement of the Section 184 Guaranteed Loan.