Regulations last checked for updates: Oct 17, 2024

Title 24 - Housing and Urban Development last revised: Sep 16, 2024
All TitlesTitle 24Chapter IIPart 266Subpart G - Subpart G—Contract Rights and Obligations
View all text of Subpart G [§ 266.600 - § 266.658]
§ 266.640 - Foreclosure and acquisition.

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

authority: 12 U.S.C. 1715z-22.; 42 U.S.C. 3535(d)
source: 59 FR 62524, Dec. 5, 1994, unless otherwise noted.
cite as: 24 CFR 266.640
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