NAC319.473. Ground for not purchasing or reconsidering purchase of mortgage loan.

Latest version.

In addition to any other remedies available to it, the Division will not:

1. Purchase a mortgage loan which was obtained by the use of intentionally false or misleading information in the application.

2. Reconsider the purchase of such a mortgage loan even if the applicant submits a corrected application.

[Housing Division, Loans for Single-Family Homes Reg. § 15, eff. 7-23-80]—(NAC A by R166-99, 6-15-2000)—(Substituted in revision for NAC 319.500)

                    
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