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§ 290.33 Sale of delinquent mortgages securing subsidized projects.

24 CFR 290.33

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  3. Title 24
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  5. Subtitle B
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  7. Chapter II
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  9. Part 290
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  11. Subpart B
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  13. 24 CFR 290.33
Citation24 CFR 290.33
CorpusDaily eCFR
Displayed edition2026-04-15
Last updated2026-04-15

§ 290.33 Sale of delinquent mortgages securing subsidized projects.

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.