Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter XV - Emergency Mortgage Insurance and Loan Programs, Department of Housing and Urban Development |
Part 2700 - EMERGENCY HOMEOWNERS' LOAN PROGRAM |
Subpart D - Mortgage Insurance |
§ 2700.340 - Payment of insurance benefits.
Latest version.
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Upon receipt of a claim for insurance benefits that meets the requirements of §2700.335 and the other provisions of this part, HUD shall make a payment of insurance benefits in cash to the claimant in an amount equal to the amount specified in §2700.335(e).