StacksVerified U.S. regulatory reference

24 CFR §203.412

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Notwithstanding the conveyance, sale, or assignment requirements for payment of a claim elsewhere in this part, HUD may pay the mortgagee, in accordance with procedures prescribed by HUD, for the following foreclosure alternative actions, in such amounts as HUD determines:
  1. (a)Assumptions under § 203.512;
  2. (b)Special forbearance under §§ 203.471 and 203.614;
  3. (c)Recasting or modification of defaulted mortgages under § 203.616, where the mortgagee is not reimbursed under § 203.405(a);
  4. (d)Refinancing under § 203.43(c).