{"data":{"id":"us/24-cfr-203.434","jurisdiction":"us","citation":"24 CFR 203.434","heading":"Declaration of trust.","body":"A sale of a beneficial interest in a group of insured mortgages, where the interest to be acquired is related to all of the mortgages as an entirety, rather than an interest in a specific mortgage shall be made only pursuant to a declaration of trust, which has been approved by the Commissioner prior to any such sale.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES","PART 203—SINGLE FAMILY MORTGAGE INSURANCE","Subpart B—Contract Rights and Obligations"],"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":"8f79b40b8af3dfa9ebe33eb54dadd65646a4c2680f0dbfd54d5b4dccf62ef4e6","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-203.433","next":"us/24-cfr-203.435"},"notice":"GroundRules: Original legal text. Not legal advice."}