C.F.R. » Title 24 » CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › SUBCHAPTER I—HUD-OWNED PROPERTIES › PART 291—DISPOSITION OF HUD-ACQUIRED AND -OWNED SINGLE FAMILY PROPERTY › Subpart A—General Provisions

24 C.F.R. § 291.1

Purpose and general requirements

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

(a) Purpose. (1) This part governs the acquisition, possession, and disposition of one-to-four family properties acquired by the Federal Housing Administration (FHA) through foreclosure of an insured or Secretary-held mortgage or loan under the National Housing Act, or acquired by HUD under section 204(g) of the National Housing Act (12 U.S.C. 1710(g)). HUD will issue detailed policies and procedures that must be followed in specific areas.

(2) The purpose of the property disposition program is to dispose of properties in a manner that expands homeownership opportunities, strengthens neighborhoods and communities, and ensures a maximum return to the mortgage insurance funds.

(b) Nondiscrimination policy. The requirements set forth in 24 CFR parts 5 and 110 apply to the administration of any activity under this part. In addition, in accordance with 24 CFR 9.155(a), HUD must ensure that its policies and practices in conducting the single family property disposition program do not discriminate on the basis of disability.

[64 FR 6479, Feb. 9, 1999, as amended at 81 FR 53002, Aug. 11, 2016]
Notes of Decisions
Cited in 10 cases (3 in the last 5 years), 2000–2025 · leading case: Secretary of Housing & Urban Development v. Sky Meadow Ass'n
Sort: Relevance Newest Treatment
Secretary of Housing & Urban Development v. Sky Meadow Ass'n (2000) cacd · cites it 2× “24 C.F.R. § 291.1 (a)(2). Under the National Housing Act, the Secretary of HUD is authorized to establish a Mutual Mortgage Insurance Fund in order to pay claims to mortgagees (private lenders) who have foreclosed on defaulted FHA-insured loans.”
Guild Mortg. Co. v. Prestwick Court Trust (2018) nvd “See 24 C.F.R. § 291.1 . However, the instant case is distinguishable from these cases in that, here, FHA is not a named party.”
Bank of Am., N.A. v. Hollow De Oro Homeowners Ass'n (2018) nvd “See 24 C.F.R. § 291.1 . At least two courts in this district, including this court, have previously held that the Nevada foreclosure statutes directly conflict with the FHA insurance program, and are therefore preempted.”
RENFROE VS. LAKEVIEW LOAN SERV., LLC (2017) nev · cites it 2× “" 24 C.F.R. § 291.1 (a)(2) (2015). However, the FHA has repeatedly indicated that its goal remains to "help[ I borrowers retain homeownership while protecting the FHA Insurance Fund from unnecessary losses.”
RENFROE VS. LAKEVIEW LOAN SERV., LLC (2017) nev “" 24 C.F.R. § 291.1 (a)(2) (2015). However, the FHA has repeatedly indicated that its goal remains to "help[ I borrowers retain homeownership while protecting the FHA Insurance Fund from unnecessary losses.”
Green Tree Servicing LLC v. SFR Investments Pool 1, LLC (2017) nvd “See 24 C.F.R. § 291.1 . Allowing an HOA foreclosure to wipe out a first deed of trust on a federally-insured property thus'interferes with the purposes of the FHA insurance program.”
Bank of America, N.A. v. Tapestry at Town Center Homeowners Ass'n (2017) nvd “See 24 C.F.R. § 291.1 . Allowing an HOA foreclosure to wipe out a first deed of trust on a federally-insured property thus interferes with the purposes of the FHA insurance program.”
Perkins v. HUD-U.S. Department of Housing and Urban Development (2024) mied “See 24 C.F.R. § 291.1 ; 81 Fed. Reg. 52998 -01, at 52998 (2016).”
Perkins v. HUD-U.S. Department of Housing and Urban Development (2024) mied “See 24 C.F.R. § 291.1 ; 81 Fed. Reg. 52998 -01, at 52998 (2016).”
PHILADELPHIA COMMUNITY DEVELOPMENT COALITION, INC. v. WELLS (2025) paed “24 C.F.R. § 291.1 (a)(2); see also Sec’y of HUD v.”
— 24 C.F.R. § 291.1(a)(2) — 1 case
RENFROE VS. LAKEVIEW LOAN SERV., LLC (2017) nev “" 24 C.F.R. § 291.1 (a)(2) (2015). However, the FHA has repeatedly indicated that its goal remains to "help[ I borrowers retain homeownership while protecting the FHA Insurance Fund from unnecessary losses.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.