TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 260 HOMEOWNER MORTGAGE REVENUE BOND PROGRAM
SECTION 260.502 SERVICING OF MORTGAGE LOANS
Section 260.502 Servicing of Mortgage Loans
The Authority shall cause all Mortgage Loans purchased by the Authority to be serviced by a Servicer pursuant to the Servicing Agreement. The Servicer may be the Authority, the Lender from which the Mortgage Loans are purchased, or any other party approved by the Authority.
(Source: Amended at 33 Ill. Reg. 7295, effective May 22, 2009)