§ 236.254 - Termination of mortgage insurance.

Related Notices
- 2014-16631. Final rule. 2014-16631. Republic of Tunisia Loan Guarantees Issued Under the Further Continuing Appropriations Act, 2013-Standard Terms and Conditions

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In addition to the provisions of § 207.253a, the following requirements apply to multifamily mortgages insured under section 236 of the National Housing Act:
(a) For those projects qualifying as eligible low income housing under § 248.201, the contract of insurance may be terminated only as provided in part 248.
(b) For those projects subject to section 250(a) of the National Housing Act, the contract of insurance may be terminated only if the Commissioner determines that the requirements of section 250(a) are met.

[55 FR 38958, Sept. 21, 1990]

                    
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