Housing Finance Agencies (HFA) Risk Sharing
Department Of Housing And Urban Development, Asst Secretary For Housing--federal Housing Commissioner
Under Section 542(c), HUD provides credit enhancement for mortgages for multifamily housing projects whose loans are underwritten, processed, serviced, and disposed of by Housing Finance Agencies (HFA). HUD and the qualified State and local HFAs share in the risk of the mortgage.
Jargon-free version
Helps housing finance agencies provide safer loans for multifamily housing projects. It shares the risk of these loans between HUD and the agencies.
Quick Facts
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FAQFrequently Asked Questions
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