TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 220 SINGLE FAMILY MORTGAGE PURCHASE PROGRAM
SECTION 220.201 INVITATIONS TO SELL MORTGAGE LOANS


 

Section 220.201  Invitations to Sell Mortgage Loans

 

The Authority from time to time may mail Invitations to potential Lenders to apply to sell Mortgage Loans to the Authority.  Potential Lenders who receive Invitations may request Applications from the Authority.  The Invitation shall contain, among other things, a description of Eligible Borrowers and a description of Mortgage Loans eligible to be purchased by the Authority under the Program.