24 CFR 27.115 – Disposition of sales proceeds
Current as of: 2024 | Check for updates
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The foreclosure commissioner will keep such records as will permit the Secretary to verify the costs claimed, and otherwise to enable the Secretary to audit the foreclosure commissioner’s disposition of the sale proceeds.
Terms Used In 24 CFR 27.115
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC