Application for final claim settlement.

  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. Housing Finance Agency Risk-Sharing Program for Insured Affordable Multifamily Project Loans
  8. Contract Rights and Obligations
  9. Claim Procedures
  10. Application for final claim settlement.

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§ 266.644 Application for final claim settlement.

The HFA shall file an application for final settlement in accordance with the Commissioner's administrative procedures not later than 30 calendar days after any of the following:

(a) Sale of the property after foreclosure or after acquisition by deed-in-lieu of foreclosure; or

(b) Expiration of the term of the HFA debenture.

[59 FR 62524, Dec. 5, 1994, as amended at 85 FR 83445, Dec. 22, 2020]


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