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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 XXIV - Board of Directors of the Hope for Homeowners Program |
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Part 4001 - HOPE FOR HOMEOWNERS PROGRAM |
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Subpart B - Eligibility Requirements and Underwriting Procedures |
§ 4001.104 - Eligible mortgages.
Latest version.
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A mortgage eligible to be refinanced under section 257 of the Act must:
(a) Have been originated on or before January 1, 2008;
(b) Be secured by a property owned and occupied by the mortgagor as his or her primary residence, and be the only residence in which the mortgagor has any present ownership interest; and
(c) Meet such other requirements as the Board may adopt.