StacksVerified U.S. regulatory reference

24 CFR §241.1215

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
All of the provisions of § 207.259 of this chapter apply to subpart F of this part, except that if the lender, at the direction of the Commissioner, acquires title to the project at a foreclosure sale instituted by the holder of the senior insured mortgage, the amount of the claim determined under § 207.259(c) of this chapter shall also include an amount bid by the lender to satisfy the senior insured mortgage at the foreclosure sale.