As of 2010, the Department of Housing and Urban Development (HUD) no longer sells loans that were used to purchase multifamily apartment properties.

Question

Quizplus · Accepted Answer

As of 2010, the Department of Housing and Urban Development (HUD) still sells loans for multifamily apartment properties through programs like the FHA insurance programs, which insure mortgage loans to facilitate the construction, substantial rehabilitation, purchase, and refinancing of multifamily apartment properties.