Section 250.201  Invitations to Sell Mortgage Loans

The Authority from time to time may mail Invitations to potential Lenders for applications to sell Mortgage Loans to the Authority.  The Invitation shall contain, among other things, a description of the Program, Eligible Borrowers, and Mortgage Loans eligible to be purchased by the Authority under the Program.  Prior to mailing Invitations to potential Lenders, the Authority may make such inquiries of potential Lenders and others as it considers useful in determining probable interest among potential Lenders in participating in the Program.