[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: 24CFR27.50]



[Page 299]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 27_NONJUDICIAL FORECLOSURE OF MULTIFAMILY AND SINGLE FAMILY MORTGAGES

--Table of Contents

 

       Subpart A_Nonjudicial Foreclosure of Multifamily Mortgages

 

Sec.  27.50  Management and disposition by the Secretary.



    When the Secretary is the purchaser of the security property, the 

Secretary shall manage and dispose of it in accordance with section 203 

of the Housing and Community Development Amendments of 1978, as amended, 

12 U.S.C. 1701z-11, and in accordance with 24 CFR part 290.