HUD | HUD.gov / U.S. Department of Housing and Urban ...

that the project is a mortgage credit reject. For such cases, apply paragraphs 18-4.E.2 and 3. b. Non-Participating HCAs. For those cases where HUD performs. the SLR (e.g., HCA does not accept Section 911 SLR authority. or has been revoked), and the mortgagor and its principals do. not have the financial capacity to meet the total estimated ................
................