§ 9-404

Md. Code, Housing and Community Development § 9-404, under Article — Housing and Community Development.

Md. Code, Housing and Community Development § 9-404

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.