Code of Federal Regulations (alpha)

CFR /  Title 7  /  Part 1955  /  Sec. 1955.12 Acquisition of property which served as security for a or at sale by another lienholder, bankruptcy trustee, or taxing authority.

When the servicing regulations for the type of loan(s) involved permit FmHA or its successor agency under Public Law 103-354 to acquire property by one of these methods, the acquisition will be reported in accordance with Sec. 1955.18(a) of this subpart.