Maryland Statutes
Subtitle 4 - Reinvestment Assistance
Section 9-404 - Methods of Providing Assistance

To provide community reinvestment assistance, the Board may:
        (1)    invest in, purchase, make commitments to purchase, or take assignments from mortgage lenders of notes and mortgages evidencing mortgage loans;
        (2)    act as a guarantor or conduit for mortgage backed securities;
        (3)    make loans to recipients of community reinvestment assistance or to mortgage lenders;
        (4)    sell at public or private sale mortgages, loans, or other obligations held by the Fund;
        (5)    purchase, make, participate in making, or enter into commitments to purchase loans;
        (6)    package and sell loans; and
        (7)    do anything else authorized by the organizational documents of the Fund.

Structure Maryland Statutes