---
kind: "section"
citation: "24 C.F.R. § 266.640"
title: "24"
number: "266.640"
heading: "Foreclosure and acquisition."
url: "https://uscodex.org/cfr/24/266.640"
---

# §266.640. Foreclosure and acquisition.


The HFA is not required to foreclose the insured mortgage. It may accept a deed-in-lieu of foreclosure.


## Notes

### Authority

Authority: 12 U.S.C. 1715z-22.; 42 U.S.C. 3535(d).

### Source

Source: 59 FR 62524, Dec. 5, 1994, unless otherwise noted.