24 CFR § 203.616
Mortgage modification
February 22, 2021
The mortgagee may modify a mortgage for the purpose of changing the amortization provisions by recasting the total unpaid amount due for a term not exceeding 360 months. The mortgagee must notify HUD of such modification in a format prescribed by HUD within 30 days of the execution of the modification agreement.
[62 FR 60130, Nov. 6, 1997]
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