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 I - HUD-OWNED PROPERTIES
  6. Part 290 - DISPOSITION OF MULTIFAMILY PROJECTS AND SALE OF HUD-HELD MULTIFAMILY MORTGAGES
  7. Subpart B - Sale of HUD-Held Multifamily Mortgages
  8. 24 CFR § 290.33
24 CFR § 290.33
Sale of delinquent mortgages securing subsidized projects
February 22, 2021
CFR

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.

Previous
§ 290.31 Sale of current mortgages securing subsidized projects
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§ 290.35 Sale of HUD-held mortgages securing unsubsidized projects

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