24 CFR 203.457 - Voluntary termination of contract.

Regulations last checked for updates: Dec 18, 2025

Title 24 - Housing and Urban Development last revised: Dec 08, 2025

View all text of Subpart B [§ 203.251 - § 203.499]

§ 203.457 - Voluntary termination of contract.

Upon request by the borrower and lender the Commissioner may terminate the insurance contract on the loan. The lender shall cancel the insurance endorsement on the insurance certificate or note upon receipt of notice from the Commissioner that the contract of insurance is terminated.

[37 FR 8662, Apr. 29, 1972]

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 203.457