# Housing and Community Development (GHS)

## Title 4. Division of Development Finance

### Subtitle 2. Community Development Administration

#### Section 4-241

Except as required to qualify for insurance or guaranty by the federal government, a residential mortgage loan may not be assigned to or assumed by a person not qualified under the appropriate Administration program if the residential mortgage loan is:

(1) a new loan that the Administration purchases or in which the Administration purchases an interest;

(2) a loan made with the proceeds of purchase by the Administration of a residential mortgage; or

(3) a loan made with the proceeds of a loan from the Administration to a mortgage lender.

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Md. Code Ann., Hous. & Cmty. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)