---
kind: "section"
citation: "24 C.F.R. § 291.607"
title: "24"
number: "291.607"
heading: "Qualified participants."
url: "https://uscodex.org/cfr/24/291.607"
---

# §291.607. Qualified participants.

- (a) **Confidentiality Agreement and Bidder Qualification Statement.** Individuals or entities must become a Qualified Participant before they may bid or purchase Single Family Loans in a Single Family Sale. An individual or entity seeking to participate in a Single Family Sale must sign a Confidentiality Agreement and complete a Bidder Qualification Statement. The Secretary will specify which Bidder Qualification Statement form(s) are applicable to a particular Single Family Sale and any additional sale specific qualification criteria through notice. HUD will only provide access to sensitive Single Family Sale materials to Qualified Participants.
- (b) **Process for determining Qualified Participant.** HUD will qualify any individual or entity seeking to participate in a Single Family Sale if they have met the qualification requirements and executed the applicable Bidder Qualification Statement for the Single Family Sale.

## Notes

### Source

Source: 89 FR 99716, Dec. 11, 2024, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1701 et seq.; 42 U.S.C. 1441, 1441a, 1551a, and 3535(d).

### Source

Source: 56 FR 46956, Sept. 16, 1991, unless otherwise noted.