7 CFR 3560.501

§ 3560.501 General.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 3560.501, § 3560.501 General, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30525
Permanent ID: ys:prov:30525@1
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Full text

This subpart contains Agency procedures and other policies related to the management and disposition of multi-family housing (MFH) projects in the Agency's inventory (Real Estate Owned (REO) property). Housing projects will not be accepted into the Agency's inventory unless one of the following has occurred: (a) The borrower has abandoned the housing project and the Agency has performed the required steps to take the housing project into custody. (b) The housing project title has been transferred to the Agency as a result of foreclosure, voluntary conveyance, redemption, or other action.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.