Ill. Admin. Code tit. 47 § 300.505

Current through Register Vol. 49, No. 2, January 10, 2025
Section 300.505 - Termination

The Authority or designee shall retain the right to terminate its obligation to purchase Mortgage Loans under the Program, subject to applicable State law and to its existing contractual obligations, including contractual obligations arising under a Lender Application, a Notice of Reservation of Funds, a Notice of Acceptance, a Mortgage Purchase Agreement, or a Servicing Agreement.

Ill. Admin. Code tit. 47, § 300.505