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Maryland · Through 2026-01-01

Md. Code, Housing and Community Development § 9–404

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  1. Article - Housing and Community Development

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.

Collected 2026-09-14T19:59:07Z. Source file · JSON

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