Maryland Statutes

§ 9-404

Maryland·Article ghs Housing and Community Development·Title 9

To provide community reinvestment assistance, the Board may:

(1)invest in, purchase, make commitments to purchase, or take assignments from mortgage lenders of notes and mortgages evidencing mortgage loans;
(2)act as a guarantor or conduit for mortgage backed securities;
(3)make loans to recipients of community reinvestment assistance or to mortgage lenders;
(4)sell at public or private sale mortgages, loans, or other obligations held by the Fund;
(5)purchase, make, participate in making, or enter into commitments to purchase loans;
(6)package and sell loans; and
(7)do anything else authorized by the organizational documents of the Fund.

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Nearby Sections

15
§ 9-101
§ 9-101
§ 9-102
§ 9-102
§ 9-201
§ 9-201
§ 9-202
§ 9-202
§ 9-203
§ 9-203
§ 9-204
§ 9-204
§ 9-301
§ 9-301
§ 9-302
§ 9-302
§ 9-303
§ 9-303
§ 9-304
§ 9-304
§ 9-305
§ 9-305
§ 9-306
§ 9-306
§ 9-307
§ 9-307
§ 9-401
§ 9-401
§ 9-402
§ 9-402
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