If the lender is to receive payment in cash, there shall be deducted from the total of the added items in § 220.822 the following:
(a) Any balance of the loan not advanced to the borrower;
(b) Any cash held by the lender or its agents or to which it is entitled; including deposits made for the account of the borrower and which have not been applied in reduction of the principal obligation under the note and security instrument or instruments.
Title 24 published on 2014-04-01.
No entries appear in the Federal Register after this date, for 24 CFR Part 220.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.