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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Elizabeth Marshall v. James Lynn, Individually and in His Capacity as Secretary of Housing and Urban Development, 497 F.2d 643 (1973)

Citation
Elizabeth Marshall v. James Lynn, Individually and in His Capacity as Secretary of Housing and Urban Development, 497 F.2d 643 (1973)
Parent Document
Elizabeth Marshall v. James Lynn, Individually and in His Capacity as Secretary of Housing and Urban Development, 497 F.2d 643 (1973)
Effective Date
1973-12-20

Other Sections in This Document (49)

Full Text

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“The program provides for mortgage insurance for qualified mortgagors. As a private non-profit corporation, Linda Pollin qualifies for insurance under the program. In order to be insured, the mortgage must meet certain requirements. There is a limitation on the total amount of the mortgage as well as on the amount allowed per dwelling unit. The interest rate on the mortgage to be insured must be either three per cent or such other rate as determined by the Secretary of the Treasury. In return for the mortgage insurance, the mortgagor agrees to be regulated. The statute provides that mortgagors are to be: