§ 401.552. Servicing of second mortgage.
38 words·~1 min read·
/us/cfr/t24/s§ 401.552·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
HUD or its designee will be responsible for servicing the second mortgage, including determining the amounts receivable by the owner under § 401.461(b)(3)(ii)(A). HUD may designate the PAE, with the PAE's consent, as servicer for the second mortgage.