§ 234.255 - Cross-reference.

(a) Provisions. All of the provisions of §§ 203.251 through 203.436 of this chapter (part 203, subpart B) covering mortgages insured under section 203 of the National Housing Act shall apply to mortgages insured under section 234(c) of the National Housing Act except the following provisions:

203.258   Substitute mortgagors.

203.259a   Scope.

203.280   One-time MIP.

203.281   Calculation of one-time MIP.

203.282   Mortgagee's late charge and interest.

203.283   Refund of one-time MIP.

203.357   Deed in lieu of foreclosure.

203.378   Property condition.

203.379   Adjustment for damage or neglect.

203.380   Certificate of property condition.

203.389   Waived title objections.

203.420   Nature of Mutual Mortgage Insurance Fund.

203.421   Allocation of Mutual Mortgage Insurance Fund income or loss.

203.422   Right and liability under Mutual Mortgage Insurance Fund.

203.423   Distribution of distributive shares.

203.424   Maximum amount of distributive shares.

203.425   Finality of determination.

203.440 et seq.    Insured home improvement loans.

(b) References. For the purposes of this subpart, all references in §§ 203.251 through 203.436 of this chapter (part 203, subpart B) to section 203 of the Act, one- to four-family, and the Mutual Mortgage Insurance Fund, shall be construed to refer to section 234 of the act, one-family unit, and the General Insurance Fund. The term property or each family dwelling unit as used in §§ 203.251 through 203.436 of this chapter (part 203, subpart B) shall be construed to include “the one-family unit and the undivided interest in the common areas and facilities as may be designated”.

[36 FR 24628, Dec. 22, 1971, as amended at 41 FR 42949, Sept. 29, 1976; 42 FR 29305, June 8, 1977; 48 FR 28807, June 23, 1983; 55 FR 34814, Aug. 24, 1990]