Regulations last checked for updates: Nov 24, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024
§ 1005.109 - Guarantee fees.

HUD shall establish and collect, at the time of issuance of the guarantee, a fee for the guarantee of loans under this section, in an amount not exceeding 3 percent of the principal obligation of the loan, or any increase established by statute. HUD shall establish the amount of the fee by publishing a notice in the Federal Register, and shall deposit any fees collected under this section in the Indian Housing Loan Guarantee Fund.

[79 FR 12384, Mar. 5, 2014]
source: 61 FR 9054, Mar. 6, 1996, unless otherwise noted. Redesignated at 63 FR 12349, Mar. 12, 1998.
cite as: 24 CFR 1005.109