24 CFR 570.706 - Federal guarantee; subrogation.

§ 570.706 Federal guarantee; subrogation.
Section 108(f) of the Act provides for the incontestability of guarantees by HUD under subpart M of this part in the hands of a holder of such guaranteed obligations. If HUD pays a claim under a guarantee made under section 108 of the Act, HUD shall be fully subrogated for all the rights of the holder of the guaranteed debt obligation with respect to such obligation.
[61 FR 11481, Mar. 20, 1996]

Title 24 published on 2014-04-01

no entries appear in the Federal Register after this date.

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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 570 after this date.

  • 2015-02-05; vol. 80 # 24 - Thursday, February 5, 2015
    1. 80 FR 6469 - Section 108 Loan Guarantee Program: Announcement of Proposed Fee To Cover Credit Subsidy Costs and Solicitation of Comment
      GPO FDSys XML | Text
      DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, Office of the Assistant Secretary for Community Planning and Development, HUD
      Comment Due Date: March 9, 2015.
      24 CFR Part 570