1. Regulations
  2. title 24
  3. chapter IX
  4. part 1005
  5. subpart H
  6. subjgrp 70
  7. § 1005.837

View all text of Subjgrp 70 [§ 1005.833 - § 1005.851]

§ 1005.837 - Payment of claim: unpaid principal balance.

HUD will pay a claim under § 1005.807(a) in the amount of the unpaid principal balance less all receipts for the sale or transfer of the property, if applicable, in accordance with the requirements of this subpart.

AUTHORITY: 12 U.S.C. 1715z-13a; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

SOURCE: 89 FR 20056, Mar. 20, 2024; 89 FR 22084, Mar. 29, 2024, unless otherwise noted.

CITE AS: 24 CFR 1005.837