TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 250 SINGLE FAMILY MORTGAGE PURCHASE PROGRAM II
SECTION 250.402 SERVICING OF MORTGAGE LOANS


 

Section 250.402  Servicing of Mortgage Loans

 

Pursuant to a Servicing Agreement, the Authority shall cause all Mortgage Loans purchased by the Authority to be serviced by a Servicer, which may be the Lender from which such Mortgage Loans are purchased.