Rules & Regulations of the State of Tennessee
Title 0770 - Housing Development
Chapter 0770-01-02 - Homeownership Loan Program
Section 0770-01-02-.15 - DEFAULT UNDER MORTGAGE
Universal Citation: TN Comp Rules and Regs 0770-01-02-.15
Current through April 3, 2024
Mortgages held as security for loans made under these regulations which are in default may be foreclosed by the Agency according to the terms of the deed of trust by advertisement and public sale as for foreclosures in private transactions or in the manner as provided by law. The Agency is authorized to take title in its name upon foreclosure and to subsequently convey title to such property to bona fide purchasers thereof.
Authority: T.C.A. § 13-23-115(18).
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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