Actual HUD policy... from HUD not an AM or LLB

-Actual HUD policy... not the interpreted mumbo jumbo from people that have no experience. This is the real deal:
http://www.access.gpo.gov/cgi-bin/cfrassemble.cgi?title=201024
more specifically: http://www.access.gpo.gov/nara/cfr/waisidx_10/24cfr291_10.html