[Code of Federal Regulations]
[Title 24, Volume 2]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR291.305]

[Page 499]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
 CHAPTER II--OFFICE OF ASSISTANT SECRETARY FOR HOUSING--FEDERAL HOUSING 
        COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 291--DISPOSITION OF HUD-ACQUIRED SINGLE FAMILY PROPERTY--Table of Contents
 
        Subpart D--Sale of HUD-Held Single Family Mortgage Loans
 
Sec. 291.305  Selection of bids and execution of Loan Sale Agreement.

    HUD will evaluate bids, select successful bids, and notify the 
successful bidder in a manner set forth in the bid package. HUD will 
complete the execution of the Loan Sale Agreement when it accepts the 
successful bid.