Utah Administrative Code (Current through November 1, 2019) |
R982. Workforce Services, Administration |
R982-501. Olene Walker Housing Loan Fund (OWHLF) |
R982-501-13. Portfolio Management
Latest version.
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(1) HCD staff will track the status of the OWHLF portfolio to assess any problem loans needing special loan servicing. Staff will make recommendations to the BRC regarding loan review, changes, and approvals.
(2) HCD staff will work with the board and the Attorney General's office to develop policies and procedures to govern special portfolio management issues such as loan restructuring, bankruptcies, and asset disposal.