---
kind: "section"
citation: "24 C.F.R. § 203.489"
title: "24"
number: "203.489"
heading: "Sale of insured loan to approved lender."
url: "https://uscodex.org/cfr/24/203.489"
---

# §203.489. Sale of insured loan to approved lender.


An insured loan may be sold to another approved lender. 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

[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]