1. LawStack
  2. Title 24 - Housing and Urban Development
  3. Subtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
  4. Chapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
  5. Subchapter B - MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES
  6. Part 266 - HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS
  7. Subpart G - Contract Rights and Obligations
  8. Topic - Claim Procedures
  9. 24 CFR § 266.640
24 CFR § 266.640
Foreclosure and acquisition
February 22, 2021
CFR

The HFA is not required to foreclose the insured mortgage. It may accept a deed-in-lieu of foreclosure.

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§ 266.638 Issuance of HFA Debenture
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§ 266.642 Appraisals

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