§203.431. Sale of insured mortgage to approved mortgagee.
24 C.F.R. § 203.431
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.
Notes, amendments, and revision history
Amendments
[45 FR 27929, Apr. 25, 1980]
Authority
Authority: 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).
Source
Source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.
Amendments
[45 FR 27929, Apr. 25, 1980]