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Code · CFR · Title 24 — Housing and Urban Development · Part 221 — Low Cost and Moderate Income Mortgage Insurance—Savings Clause · § 221.775

§ 221.775. Option period.

25 words·~1 min read·/us/cfr/t24/s§ 221.775·

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The mortgagee may exercise its option to assign within one year following the twentieth anniversary of the date the mortgage was finally endorsed for insurance.
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