§260.502. Servicing of Mortgage Loans  


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  • The Authority shall cause all Mortgage Loans purchased by the Authority to be serviced by a Servicer pursuant to the Servicing Agreement.  The Servicer may be the Authority, the Lender from which the Mortgage Loans are purchased, or any other party approved by the Authority.

     

(Source:  Amended at 33 Ill. Reg. 7295, effective May 22, 2009)