Servicing of second mortgage.

24 C.F.R. § 401.552
in effectEffective: 2024-07-01
Sign in to generate a plain English summaryAsk Belisarius Agent
HUD or its designee will be responsible for servicing the second mortgage, including determining the amounts receivable by the owner under § 401.461(b)(3)(ii)(A). HUD may designate the PAE, with the PAE's consent, as servicer for the second mortgage.

Starting a business? Corpus forms LLCs in all 50 states and DC.