- (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.
To provide community reinvestment assistance, the Board may:
Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005.