[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR25.15]



[Page 280]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 25_MORTGAGEE REVIEW BOARD--Table of Contents

 

Sec.  25.15  Retroactive application of Board regulations.



    Limitations on participation in HUD mortgage insurance programs 

proposed or imposed prior to August 12, 1992, under an ancillary 

procedure shall not be affected by this part. This part shall apply to 

sanctions initiated after the effective date of the Department of 

Housing and Urban Development Reform Act of 1989 (December 15, 1989) 

regardless of the date of the cause giving rise to the sanction.



[57 FR 31051, July 13, 1992. Redesignated at 61 FR 685, Jan. 9, 1996]