35-707. Assumption of mortgage loans
Notwithstanding the provisions of any other law, a corporation may prohibit the assumption of any single family mortgage loan purchased by it in accordance with the provisions of section 35-706 and require prepayment of the loan if the person proposing to assume the loan or the single family dwelling unit to which the loan relates fails to meet such eligibility criteria relating to mortgagors or single family dwelling units, respectively, as may be established by the corporation as the purchaser of such loan.
Section: Previous 35-608 35-701 35-702 35-703 35-704 35-705 35-706 35-707 35-708 35-721 35-722 35-723 35-724 35-725 35-726 NextLast modified: October 13, 2016