Electronic Code of Federal Regulations
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Title 24 → Subtitle B → Chapter II → Subchapter B → Part 203 → Subpart B → §203.340 |
Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations
§203.340 Special forbearance.
(a) If the conditions of §203.614 are met and special forbearance relief is granted pursuant to that section, the contract of insurance shall continue in force except as otherwise provided in this subpart.
(b) The contract of insurance shall continue in force, except as otherwise provided in this subpart, when the conditions of this section which were effective prior to January 1, 1977, have been met and special forbearance relief is granted pursuant thereto prior to January 1, 1977.
[41 FR 49735, Nov. 10, 1976]