Laws: Cases and Codes : U.S. Code : Title 12 : Section 3703


   
U.S. Code as of: 01/19/04
Section 3703. Applicability

      Multifamily mortgages held by the Secretary encumbering real
    estate located in any State may be foreclosed by the Secretary in
    accordance with this chapter, or pursuant to other foreclosure
    procedures available, at the option of the Secretary. If the
    Secretary forecloses on any such mortgage pursuant to such other
    foreclosure procedures available, the provisions of section 3706(b)
    of this title may be applied at the discretion of the Secretary.



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