24 CFR 290.18 - Restrictions on sale to former mortgagors.
The defaulting mortgagor, or any principal, successor, affiliate, or assignee thereof, on the mortgage on the property at the time of the default resulting in acquisition of the property by HUD shall not be eligible to purchase the property. A “principal” and an “affiliate” are defined as provided at 24 CFR 24.105.
[66 FR 35847, July 9, 2001]
Title 24 published on 2014-04-01.
No entries appear in the Federal Register after this date, for 24 CFR Part 290.