ARTICLE 3. Loans to Qualified Mortgage Lenders

Article 3 added by Stats. 1977, Ch. 610.

§§ 51150–51153 · 4 sections

• § 51150 The agency may make loans to qualified mortgage lenders under terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the…
• § 51151 Mortgage loans shall not be made under this article unless the agency determines that type of loan can be made at a lower cost to a housing sponsor than is…
• § 51152 Loans shall not be made by the agency to a qualified mortgage lender under this article, except pursuant to an agreement between the agency and the qualified…
• § 51153 In connection with loans made pursuant to this article, the agency may collect, enforce the collection of, and foreclose on any collateral securing the loans…