24 CFR 203.6 - Lender Insurance process.

Regulations last checked for updates: May 15, 2024

Title 24 - Housing and Urban Development last revised: May 07, 2024

View all text of Subpart A [§ 203.1 - § 203.249]

§ 203.6 - Lender Insurance process.

Under the Lender Insurance program, a mortgagee approved for the program conducts its own pre-insurance review, insures the mortgage, and agrees to indemnify HUD in accordance with § 203.255(f).

[62 FR 30226, June 2, 1997]

authority: 12 U.S.C. 1707,1709,1710,1715b,1715z,1715u,and; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)

source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 203.6