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Code of Federal Regulations Title 24. Housing and Urban Development § 24.1000.432 Can an amendment to an approved guarantee be made?

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) Yes. An amendment to an approved guarantee can occur if an applicant wishes to allow a borrower/issuer to carry out an activity not described in the loan or other obligation documents, or substantially to change the purpose, scope, location, or beneficiaries of an activity.

(b) Any changes to an approved guarantee must be approved by HUD.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 24. Housing and Urban Development § 24.1000.432 Can an amendment to an approved guarantee be made? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-24-housing-and-urban-development/cfr-sect-24-1000-432/

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