24 CFR 203.259 - Method of payment of MIP.

Regulations last checked for updates: Feb 10, 2026

Title 24 - Housing and Urban Development last revised: Jan 07, 2026

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

§ 203.259 - Method of payment of MIP.

The payment of any MIP under this subpart shall be made to the Commissioner by the mortgagee either in cash or debentures at par plus accrued interest.

[48 FR 28805, June 23, 1983]

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 203.259