{"data":{"id":"us/24-cfr-1005.761","jurisdiction":"us","citation":"24 CFR 1005.761","heading":"Fee simple properties—foreclosure or assignment with HUD approval.","body":"(a) Unless a Borrower has completed a pre-foreclosure sale or a deed-in-lieu of foreclosure in accordance with §§ 1005.753 and 1005.755, the Servicer must complete First Legal Action on the Section 184 Guaranteed Loan pursuant to § 1005.763.\n(b) Under limited circumstances, HUD may approve an assignment of a Section 184 Guaranteed Loan to HUD for fee simple land properties.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER IX—OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","PART 1005—LOAN GUARANTEES FOR INDIAN HOUSING","Subpart G—Servicing"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"19cb8f5f5fa41c290ed6ab4f3e102e8e629f257231ca1cc9cda149014921d3d4","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-1005.759","next":"us/24-cfr-1005.763"},"notice":"GroundRules: Original legal text. Not legal advice."}