24 CFR 241.1120
§ 241.1120 Mortgagee's consent.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 241.1120, § 241.1120 Mortgagee's consent, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100165
- Permanent ID
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Full text
The holder of an insured mortgage which is recorded prior to the equity or acquisition loan shall not withhold its consent to the equity or acquisition loan (whether or not such equity or acquisition loan is insured by the Commissioner) or the security instrument executed in connection therewith, and may not charge a fee as a condition to its consent to such loan or security instrument.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.