24 CFR 207.252b - Premiums

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There is 1 rule appearing in the Federal Register for 24 CFR 207. View below or at eCFR (GPOAccess)
§ 207.252b Premiums—mortgages insured pursuant to section 223(f) of the Act.
(a) The mortgagee, upon the initial-final endorsement of the mortgage for insurance pursuant to a Commitment to Insure Upon Completion issued in accordance with § 207.32a, shall pay to the Commissioner a first mortgage insurance premium equal to one percent of the original face amount of the mortgage.
(b) The mortgagee, on the date of the first principal payment, shall pay a second premium equal to one percent of the average outstanding principal obligation of the mortgage for the year following such first principal payment date which shall be adjusted as of that date so that the aggregate of the first and second premiums shall equal the sum of one percent per annum of the average outstanding principal obligation of the mortgage for the period from the date of the insurance endorsement to one year following the date of the first principal payment.
(c) The provisions of paragraphs (d), (e) and (f) of § 207.252 shall apply to mortgages insured pursuant to section 223(f) of the Act.
[40 FR 10177, Mar. 5, 1975]

Title 24 published on 2014-04-01

The following are only the Rules published in the Federal Register after the published date of Title 24.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-07-29; vol. 79 # 145 - Tuesday, July 29, 2014
    1. 79 FR 43929 - Federal Housing Administration (FHA) Multifamily Mortgage Insurance; Capturing Excess Bond Proceeds
      GPO FDSys XML | Text
      DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, HUD, Office of the Assistant Secretary for Housing—Federal Housing Commissioner
      Final rule.
      Effective Date: August 28, 2014.
      24 CFR Part 207

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United States Code

Title 24 published on 2014-04-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 24 CFR 207 after this date.

  • 2014-07-29; vol. 79 # 145 - Tuesday, July 29, 2014
    1. 79 FR 43929 - Federal Housing Administration (FHA) Multifamily Mortgage Insurance; Capturing Excess Bond Proceeds
      GPO FDSys XML | Text
      DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, HUD, Office of the Assistant Secretary for Housing—Federal Housing Commissioner
      Final rule.
      Effective Date: August 28, 2014.
      24 CFR Part 207