Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 330. Oklahoma Housing Finance Agency |
Chapter 15. Single Family Mortgage Loan Program |
Subchapter 7. Participating Lenders |
SECTION 330:15-7-3. Allocation to participating lenders
Latest version.
- In the event an allocation process is necessary to divide available loan proceeds among a number of participating lenders or for use within a number of counties or geographic areas, OHFA Trustees shall make such allocations on a fair, reasonable and equitable basis at a public hearing upon proper notice, offering affected persons or institutions an opportunity to be heard on the matter.