Md. Code, Housing and Community Development § 9-404
Md. Code, Housing and Community Development § 9-404
in effectTo 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=ghs§ion=9-404&enactments=falseFetched: 10/17/2026