Loan Guarantees for Indian Housing; Direct Guarantee Processing
HUD · hud-fha · Published 1998-09-11 · 63 FR 48988
Document
Document number
98-24415
Federal Register citation
63 FR 48988
CFR reference
24 CFR 50
Type
Rule
Action
Interim rule.
Category
hud-fha
Agency
US Department of Housing and Urban Development
Publication date
1998-09-11
Docket
Docket No. FR-4241-I-01
Abstract
This interim rule establishes for the section 184 Indian Housing loan guarantee program a new ``direct guarantee'' procedure modelled in part on the FHA single family mortgage insurance ``direct endorsement'' procedure, under which HUD staff are not involved in the processing or approval of individual loans before closing.