ARTICLE 4. Lender of Last Resort

Article 4 added by Stats. 1977, Ch. 610.

§§ 51175–51177 · 3 sections

• § 51175 Except as provided in this article, the agency shall not make construction loans or first mortgage loans for the purpose of financing owner-occupied…
• § 51176 In rural mortgage areas the agency may make and undertake commitments to make construction loans and mortgage loans to finance owner-occupied residential…
• § 51177 The agency may make and undertake commitments to make construction loans and mortgage loans to finance residential structures without the participation of a…