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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter III - Government National Mortgage Association, Department of Housing and Urban Development |
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Part 320 - Guaranty of Mortgage-Backed Securities |
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Subpart B - Bond-Type Securities |
§ 320.29 - Guaranty.
Latest version.
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§ 320.29 Guaranty.
With respect to bond-type securities, the Association will guarantee the timely payment of principal of and interest on such securities, subject to the terms and conditions of the securities. The Association's guaranty is backed by the full faith and credit of the United States.