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Electronic Code of Federal Regulations

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e-CFR Data is current as of October 21, 2014

Title 24Subtitle BChapter IISubchapter BPart 266


TITLE 24—Housing and Urban Development

Subtitle B—REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT (CONTINUED)

CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES

PART 266—HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS

rule

Subpart A—GENERAL PROVISIONS

§266.1
Purpose and scope.
§266.5
Definitions.
§266.10
Allocations of assistance and credit subsidy.
§266.15
Risk-Sharing Agreement.
§266.20
Effect of amendments.
§266.25
Limitation on HUD insurance liability.
§266.30
Nonapplicability of 24 CFR part 246.
rule

Subpart B—HOUSING FINANCE AGENCY REQUIREMENTS

§266.100
Qualified housing finance agency (HFA).
§266.105
Application requirements.
§266.110
Reserve requirements.
§266.115
Program monitoring and evaluation.
§266.120
Actions for which sanctions may be imposed.
§266.125
Scope and nature of sanctions.
§266.130
Reinsurance.
rule

Subpart C—PROGRAM REQUIREMENTS

§266.200
Eligible projects.
§266.205
Ineligible projects.
§266.210
HUD-retained review functions.
§266.215
Functions delegated by HUD to HFAs.
§266.220
Nondiscrimination in housing and employment.
§266.225
Labor standards.
rule

Subpart D—PROCESSING, DEVELOPMENT, AND APPROVAL

§266.300
HFAs accepting 50 percent or more of risk.
§266.305
HFAs accepting less than 50 percent of risk.
§266.310
Insurance of advances or insurance upon completion; applicability of requirements.
§266.315
Recordkeeping requirements.
rule

Subpart E—MORTGAGE AND CLOSING REQUIREMENTS; HUD ENDORSEMENT

§266.400
Property requirements—real estate.
§266.402
Recordation.
§266.405
Title.
§266.410
Mortgage provisions.
§266.415
Mortgage lien and other obligations.
§266.417
Authority to adjust mortgage insurance amount.
§266.420
Closing and endorsement by the Commissioner.
rule

Subpart F—PROJECT MANAGEMENT AND SERVICING

§266.500
General.
§266.505
Regulatory agreement requirements.
§266.507
Maintenance requirements.
§266.510
HFA responsibilities.
§266.515
Record retention.
§266.520
Program monitoring and compliance.
rule

Subpart G—CONTRACT RIGHTS AND OBLIGATIONS

Mortgage Insurance Premiums

§266.600
Mortgage insurance premium: Insurance upon completion.
§266.602
Mortgage insurance premium: Insured advances.
§266.604
Mortgage insurance premium: Other requirements.
§266.606
Mortgage insurance premium: Duration and method of paying.
§266.608
Mortgage insurance premium: Pro rata refund.
§266.610
Method of payment of mortgage insurance premiums.

Insurance Endorsement

§266.612
Insurance endorsement.

Assignments

§266.616
Transfer of partial interest under participation agreement.

Termination

§266.620
Termination of Contract of Insurance.
§266.622
Notice and date of termination by the Commissioner.

Claim Procedures

§266.626
Notice of default and filing an insurance claim.
§266.628
Initial claim payments.
§266.630
Partial payment of claims.
§266.632
Withdrawal of claim.
§266.634
Reinstatement of the contract of insurance.
§266.636
Insuring new loans for defaulted projects.
§266.638
Issuance of HFA Debenture.
§266.640
Foreclosure and acquisition.
§266.642
Appraisals.
§266.644
Application for final claim settlement.
§266.646
Determining the amount of loss.
§266.648
Items included in total loss.
§266.650
Items deducted from total loss.
§266.652
Determining share of loss.
§266.654
Final claim settlement and HFA Debenture redemption.
§266.656
Recovery of costs after final claim settlement.
§266.658
Program monitoring and compliance.


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