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  2. Title 24 - Housing and Urban Development
  3. Subtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
  4. Chapter IV - OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
  5. Part 401 - MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET)
  6. Subpart D - Implementation of the Restructuring Plan After Closing
  7. 24 CFR § 401.552
24 CFR § 401.552
Servicing of second mortgage
February 22, 2021
CFR

HUD or its designee will be responsible for servicing the second mortgage, including determining the amounts receivable by the owner under §401.461(b)(3)(ii)(A). HUD may designate the PAE, with the PAE's consent, as servicer for the second mortgage.

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§ 401.550 Monitoring and compliance agreements
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§ 401.554 Contract renewal and administration

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