U.S. Code » Title 12 » Chapter CHAPTER 38— MULTIFAMILY MORTGAGE FORECLOSURE

12 U.S.C. § 3703

Applicability

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Multifamily mortgages held by the Secretary encumbering real estate located in any State may be foreclosed by the Secretary in accordance with this chapter, or pursuant to other foreclosure procedures available, at the option of the Secretary. If the Secretary forecloses on any such mortgage pursuant to such other foreclosure procedures available, the provisions of section 3706(b) of this title may be applied at the discretion of the Secretary.

Notes of Decisions
Cited in 1 case, 1987–1987 · leading case: Little Earth of United Tribes, Inc. v. U.S. Department of Housing & Urban Development
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Little Earth of United Tribes, Inc. v. U.S. Department of Housing & Urban Development (1987) mnd · cites it 2× “12 U.S.C. § 3703 (“[mjultifamily mortgages held by the Secretary .”
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