Regulations last checked for updates: Nov 22, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024
All TitlesTitle 24Chapter IIPart 242Subpart C - Subpart C—Mortgage Requirements
View all text of Subpart C [§ 242.25 - § 242.38]
§ 242.29 - Payment requirements.

The mortgage shall provide for payments on the first day of each month in accordance with an amortization plan agreed upon by the mortgagor, the mortgagee, and HUD.

authority: 12 U.S.C. 1709,1710,1715b,1715n,and; 42 U.S.C. 3535(d)
source: 72 FR 67546, Nov. 28, 2007, unless otherwise noted.
cite as: 24 CFR 242.29
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