12 U.S.C. § 3703 : US Code - Section 3703: Applicability

Search 12 U.S.C. § 3703 : US Code - Section 3703: Applicability

Multifamily mortgages held by the Secretary encumbering real
estate located in any State may be foreclosed by the Secretary in
accordance with this chapter, or pursuant to other foreclosure
procedures available, at the option of the Secretary. If the
Secretary forecloses on any such mortgage pursuant to such other
foreclosure procedures available, the provisions of section 3706(b)
of this title may be applied at the discretion of the Secretary.