The commissioner may terminate any loan guarantee if the mortgagee misrepresents any information pertaining to the guarantee or fails to comply with any term of the mortgage guarantee agreement in connection with the guarantee of the underlying loan.
(P.A. 95-202, S. 4.)
Structure Connecticut General Statutes
Title 8 - Zoning, Planning, Housing and Economic and Community Development
Chapter 136 - Department of Housing: Home Ownership Loans
Section 8-283. - Declaration of policy.
Section 8-285. - Creation of “Housing Purchase and Rehabilitation Fund”.
Section 8-286a. - State or authority to share in appreciation of dwelling.
Section 8-286b. - Mortgagee participation.
Section 8-286c. - Amount of guarantee. Record of payments to honor guarantees.
Section 8-286d. - Termination of loan guarantee.
Section 8-286e. - Affordability incentive zones.
Section 8-287. - Loan repayment.
Section 8-288. - Issuance of bonds.
Section 8-289. - Adoption of regulations or written procedures.