Regulations last checked for updates: Nov 22, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024
All TitlesTitle 24Chapter IIPart 203Subpart B - Subpart B—Contract Rights and Obligations
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
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