24 CFR 213.265

§ 213.265 Modifications and consolidations.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 213.265, § 213.265 Modifications and consolidations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99834
Permanent ID: ys:prov:99834@1
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Full text

Where a mortgage covering an investor sponsored project is modified and consolidated with the mortgage of a purchasing nonprofit cooperative housing corporation or trust, it shall be deemed to be paid in full as of the date of such modification and consolidation.

Legislative history

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