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Acquisition of property

Cited in 26 Amendments 1 Related
CurrencyCurrent through May 31, 2023
Citation 24 C.F.R. §203.355
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3 cases
  • Bank of Am., N.A. v. SFR Invs. Pool 1, LLC
    • United States
    • U.S. District Court — District of Nevada
    • 14 February 2017
    ...a borrower under this program defaults, the lender may foreclose on the property, convey title to HUD, and submit an insurance claim. 24 C.F.R. § 203.355. HUD's property disposition program generates funds to finance the program. See 24 C.F.R. § 291.1. Allowing an HOA foreclosure to wipe ou......
  • Bank of Am., N.A. v. Solera At Stallion Mountain Unit Owners' Ass'n, Case No. 2:16-CV-2339 JCM (VCF)
    • United States
    • U.S. District Court — District of Nevada
    • 25 June 2018
    ...a borrower under this program defaults, the lender may foreclose on the property, convey title to HUD, and submit an insurance claim. 24 C.F.R. § 203.355. HUD's property disposition program generates funds to finance the program. See 24 C.F.R. § 291.1. At least two courts in this district, ......
  • Bank of Am., N.A. v. Antelope Homeowners' Ass'n, Case No. 2:16-CV-449 JCM (PAL)
    • United States
    • U.S. District Court — District of Nevada
    • 30 January 2017
    ...If a borrower under this program defaults, the lender may foreclose on the property, convey title to HUD, and submit an insuranceclaim. 24 C.F.R. 203.355. HUD's property disposition program generates funds to finance the program. See 24 C.F.R. § 291.1. Allowing an HOA foreclosure to wipe ou......

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