{"data":{"id":"us-md/md.-code-housing-and-community-development-9-404","jurisdiction":"us-md","citation":"Md. Code, Housing and Community Development § 9–404","heading":"","body":"To provide community reinvestment assistance, the Board may:\n(1) invest in, purchase, make commitments to purchase, or take assignments from mortgage lenders of notes and mortgages evidencing mortgage loans;\n(2) act as a guarantor or conduit for mortgage backed securities;\n(3) make loans to recipients of community reinvestment assistance or to mortgage lenders;\n(4) sell at public or private sale mortgages, loans, or other obligations held by the Fund;\n(5) purchase, make, participate in making, or enter into commitments to purchase loans;\n(6) package and sell loans; and\n(7) do anything else authorized by the organizational documents of the Fund.","path":["Article - Housing and Community Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=ghs\u0026section=9-404","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:07Z","sha256":"594a36db7b3fd5a6e5e456bca5fc2415a999c5ba49798b7a3c40ea1e41f2c105","source_id":"us-md","stale":false,"prev":"us-md/md.-code-housing-and-community-development-9-403","next":"us-md/md.-code-housing-and-community-development-9-501"},"notice":"GroundRules: Original legal text. Not legal advice."}