Fla. Admin. Code R. 67-25.016

Current through Reg. 50, No. 124; June 25, 2024

Section 67-25.016 - Waiver of Repayment Terms under Mortgage

The Corporation shall waive the repayment of a portion of the mortgage loan under the program if the Corporation determines, in conjunction with the program guidelines, that it is necessary to do so in order to comply with arbitrage restrictions as they are defined in the IRC 1954 code and the Code, as applicable, or any regulations thereunder.

Fla. Admin. Code Ann. R. 67-25.016

Rulemaking Authority 420.507(12) FS. Law Implemented 420.502, 420.507, 420.508 FS.

New 4-15-87, Formerly 9I-25.016, Repromulgated 2-2-05.