24 CFR 203.431 - Sale of insured mortgage to approved mortgagee.

Regulations last checked for updates: May 20, 2024

Title 24 - Housing and Urban Development last revised: May 07, 2024

View all text of Subpart B [§ 203.251 - § 203.499]

§ 203.431 - Sale of insured mortgage to approved mortgagee.

An insured mortgage may be sold to another approved mortgagee. The seller shall notify HUD of the sale within 15 calendar days, on a form prescribed by HUD and acknowledged by the buyer.

[45 FR 27929, Apr. 25, 1980]

authority: 12 U.S.C. 1707,1709,1710,1715b,1715z,1715u,and; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)

source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 203.431