Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
Part 203 - Single Family Mortgage Insurance |
Subpart B - Contract Rights and Obligations |
Sale, Assignment and Pledge of Insured Mortgage |
§ 203.431 - Sale of insured mortgage to approved mortgagee.
Latest version.
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§ 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]