Right and liability under the Cooperative Management Housing Insurance Fund.

  1. Law
  2. CFR 24
  3. Housing and Urban Development
  4. Regulations Relating to Housing and Urban Development
  5. Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development
  6. Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities
  7. Cooperative Housing Mortgage Insurance
  8. Contract Rights and Obligations - Projects
  9. Cooperative Management Housing Insurance and Distributive Shares
  10. Right and liability under the Cooperative Management Housing Insurance Fund.

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§ 213.277 Right and liability under the Cooperative Management Housing Insurance Fund.

No mortgagor or mortgagee shall have any vested right in a credit balance in either the General Surplus Account or the Participating Reserve Account. No mortgagor or mortgagee shall be subject to any liability arising under the mutuality of the Cooperative Management Housing Insurance Fund.


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