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Home Page > Executive Branch > Code of Federal Regulations > Electronic Code of Federal Regulations
e-CFR Data is current as of November 19, 2009
TITLE 24--Housing and Urban Development
Subtitle B--REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
CHAPTER II--OFFICE OF ASSISTANT SECRETARY FOR HOUSING--FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
SUBCHAPTER B--MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES
PART 203--SINGLE FAMILY MORTGAGE INSURANCE
Subpart A--ELIGIBILITY REQUIREMENTS AND UNDERWRITING PROCEDURES
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| Approval of mortgagees for Direct Endorsement. |
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| Approval of mortgagees for Lender Insurance. |
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| Direct Endorsement process. |
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| Lender Insurance process. |
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| Disclosure regarding interest due upon mortgage prepayment. |
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| Informed consumer choice for prospective FHA mortgagors. |
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| Mortgage insurance on proposed or new construction. |
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| Certification of appraisal amount. |
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| Certificate and contract regarding use of dwelling for transient or hotel purposes. |
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| Mortgagor and mortgagee requirement for maintaining flood insurance coverage. |
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| Maximum mortgage amounts. |
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| Increased mortgage amount. |
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| One-time or up-front mortgage insurance premium excluded from limitations on maximum mortgage amounts. |
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| Minimum principal loan amount. |
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| Payment of insurance premiums or charges; prepayment privilege. |
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| Mortgagor's payments to include other charges. |
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| Mortgagor's payments when mortgage is executed. |
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| Charges, fees or discounts. |
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| Economic soundness of projects. |
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| Eligible mortgages in Alaska, Guam, Hawaii, or the Virgin Islands. |
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| Certificate of nondiscrimination by the mortgagor. |
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| Mortgagor of a principal residence in military service cases. |
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| Relationship of income to mortgage payments. |
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| Disclosure and verification of Social Security and Employer Identification Numbers. |
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| Nature of title to realty. |
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| Free assumability; exceptions. |
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| Eligibility of miscellaneous type mortgages. |
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| Eligibility of mortgages covering housing in certain neighborhoods. |
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| Eligibility of mortgages involving a dwelling unit in a cooperative housing development. |
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| Eligibility of mortgages in certain communities. |
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| Eligibility of mortgages covering houses in federally impacted areas. |
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| Eligibility of mortgages covering manufactured homes. |
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| Eligibility of mortgages in certain communities. |
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| Eligibility of mortgages on Indian land insured pursuant to section 248 of the National Housing Act. |
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| Eligibility of mortgages on Hawaiian Home Lands insured pursuant to section 247 of the National Housing Act. |
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| Eligibility of mortgages on Allegany Reservation of Seneca Nation of Indians. |
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| Eligibility of graduated payment mortgages. |
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| Eligibility of growing equity mortgages. |
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| Eligibility of adjustable rate mortgages. |
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| Eligibility of rehabilitation loans. |
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| Acceptance of individual residential water purification equipment. |
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| Plan acceptability and acceptance renewal criteria--general. |
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| Issuance and nature of insured 10-year protection plans. |
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| Requirements and limitations of a plan. |
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| Housing performance standards or criteria. |
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| Insurance backing criteria. |
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Subpart B--CONTRACT RIGHTS AND OBLIGATIONS
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| Insurance of open-end advance. |
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| Creation of the contract. |
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| Method of payment of MIP. |
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| Amount of mortgage insurance premium (periodic MIP). |
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| Calculation of periodic MIP. |
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| Due date of periodic MIP. |
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| Mortgagee's late charge and interest. |
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| Period covered by periodic MIP. |
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| Duration of periodic MIP. |
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| Pro rata payment of periodic MIP. |
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| Method of payment of periodic MIP. |
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| Open-end insurance charges. |
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| One-time or Up-front MIP. |
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| Calculation of one-time MIP. |
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| Mortgagee's late charge and interest. |
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| Calculation of up-front and annual MIP on or after July 1, 1991. |
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| Fifteen-year mortgages: Calculation of up-front and annual MIP on or after December 26, 1992. |
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| Discontinuance of adjusted premium charge. |
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| Termination by conveyance to other than Commissioner. |
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| Termination by prepayment of mortgage. |
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| Termination by voluntary agreement. |
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| Notice of termination by mortgagee. |
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| Pro rata payment of premiums and charges. |
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| Notice and date of termination by Commissioner. |
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| Definition of delinquency and requirement for notice of delinquency to HUD. |
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| Definition of default, date of default, and requirement of notice of default to HUD. |
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| Reinstatement of defaulted mortgage. |
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| Partial release, addition or substitution of security. |
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| Postponement of principal payments--mortgagors in military service. |
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| Postponement of foreclosure--mortgagors in military service. |
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| Application for insurance benefits and fiscal data. |
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| Certification by mortgagee. |
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| Notice of foreclosure and pre-foreclosure sale; reasonable diligence requirements. |
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| Deed in lieu of foreclosure. |
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| Direct conveyance of property. |
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| Time of conveyance to the Secretary. |
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| Notice of property transfer or pre-foreclosure sale and application for insurance benefits. |
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| Acceptance of property by Commissioner. |
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| Conditions for withdrawal of application for insurance benefits. |
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| Effect of noncompliance with regulations. |
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| Mortgagee's liability for property expenditures. |
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| Documents and information to be furnished the Secretary; claims review. |
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| Conveyance of marketable title. |
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| Contents of deed and supporting documents. |
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| Claims without conveyance procedure. |
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| Inspection and preservation of properties. |
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| Adjustment for damage or neglect. |
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| Certificate of property condition. |
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| Cancellation of hazard insurance. |
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| Types of satisfactory title evidence. |
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| Coverage of title evidence. |
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| Acceptability of customary title evidence. |
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| Waiver of title--mortgages or property formerly held by the Secretary. |
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| Title objection waiver with reduced insurance benefits. |
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| Amount of payment--conveyed and non-conveyed properties. |
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| Items included in payment--conveyed and non-conveyed properties. |
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| Reimbursement for uncollected interest. |
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| Items deducted from payment--conveyed and non-conveyed properties. |
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| Amount of payment--assigned mortgages. |
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| Registration of debentures. |
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| Form and amounts of debentures. |
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| Redemption of debentures. |
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| Issue date of debentures. |
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| Payment for foreclosure alternative actions. |
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| Amount of payment--partial claims. |
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| Delivery of certificate of claim. |
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| Amount and items of certificate of claim. |
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| Rate of interest of certificate of claim. |
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| Nature of Mutual Mortgage Insurance Fund. |
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| Allocation of Mutual Mortgage Insurance Fund income or loss. |
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| Right and liability under Mutual Mortgage Insurance Fund. |
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| Distribution of distributive shares. |
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| Maximum amount of distributive shares. |
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| Finality of determination. |
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| Inapplicability to housing in older declining urban areas. |
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| Statute of limitations on payment of distributive shares. |
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| Sale of interests in insured mortgages. |
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| Sale of insured mortgage to approved mortgagee. |
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| Effect of sale of insured mortgage. |
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| Assignments, pledges and transfers by approved mortgagee. |
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| Transfers of partial interests. |
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| Claim procedure--graduated payment mortgages. |
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| Mortgages involving a dwelling unit in a cooperative housing development. |
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| Mortgages on Indian land insured pursuant to section 248 of the National Housing Act. |
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| Mortgages on Hawaiian home lands insured pursuant to section 247 of the National Housing Act. |
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| Mortgages on property in Allegany Reservation of Seneca Nation of Indians authorized by section 203(q) of the National Housing Act. |
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| Contract created by Insurance Certificate or by endorsement. |
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| Voluntary termination of contract. |
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| Termination by prepayment of loan. |
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| Notice of termination by lender. |
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| Pro rata payment of premium before termination. |
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| Notice and date of termination by Commissioner. |
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| Definition of delinquency and requirement for notice of delinquency to HUD. |
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| Definition of default, date of default, and requirement of notice of default to HUD. |
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| Reinstatement of defaulted loan. |
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| Relief for borrower in military service. |
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| Claim application and items to be filed. |
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| Certificate by lender when loan assigned. |
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| Payment of insurance benefits. |
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| Registration of debentures. |
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| Forms and amounts of debentures. |
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| Redemption of debentures. |
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| Issue date of debentures. |
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| Sale of interests in insured loans. |
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| Sale of insured loan to approved lender. |
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| Effect of sale of insured loan. |
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| Assignments, pledges and transfers by approved lender. |
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| Transfers of partial interests. |
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| Actions to be taken by mortgagee or lender. |
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Subpart C--SERVICING RESPONSIBILITIES
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| Mortgage servicing generally. |
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| Responsibility for servicing. |
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| Release of personal liability. |
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| Free assumability; exceptions. |
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| Fees and charges after endorsement. |
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| Enforcement of late charges. |
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| Return of partial payments. |
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| Mortgage collection action. |
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| Delinquency notice to mortgagor. |
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| Contact with the mortgagor. |
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| Loss mitigation performance. |
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| Relief for mortgagor in military service. |
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| Processing defaulted mortgages on property located on Indian land. |
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| Processing defaulted mortgages on property located on Hawaiian home lands. |
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| Processing defaulted mortgages on property in Allegany Reservation of Seneca Nation of Indians. |
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| Conveyance of occupied property. |
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| Criteria for determining the Secretary's interest. |
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| Eligibility for continued occupancy. |
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| Notice to occupants of pending acquisition. |
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| Request for continued occupancy. |
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| Decision to approve or deny a request. |
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| Conveyance of vacant property. |
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| occupancy after conveyance. |
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| Approval of occupancy after conveyance. |
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| Authority of HUD Field Office Managers. |
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