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Code of Federal Regulations Title 7. Agriculture § 7.3560.501 General

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

This subpart contains Agency procedures and other policies related to the management and disposition of multi-family housing (MFH) projects in the Agency's inventory (Real Estate Owned (REO) property). Housing projects will not be accepted into the Agency's inventory unless one of the following has occurred:

(a) The borrower has abandoned the housing project and the Agency has performed the required steps to take the housing project into custody.

(b) The housing project title has been transferred to the Agency as a result of foreclosure, voluntary conveyance, redemption, or other action.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.3560.501 General - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-3560-501/

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