Title 24

PART 241

Part 241 - Supplementary Financing For Insured Project Mortgages

PART 241 - SUPPLEMENTARY FINANCING FOR INSURED PROJECT MORTGAGES Authority:12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d). Source:36 FR 24653, Dec. 22, 1971, unless otherwise noted.

24:2.1.1.2.18.1SUBPART A
Subpart A - Eligibility Requirements
24:2.1.1.2.18.1.199.1SECTION 241.1
   241.1 Eligibility requirements.
24:2.1.1.2.18.2SUBPART B
Subpart B - Contract Rights and Obligations
24:2.1.1.2.18.2.199.1SECTION 241.251
   241.251 Cross-reference.
24:2.1.1.2.18.2.199.2SECTION 241.260
   241.260 Definitions.
24:2.1.1.2.18.2.199.3SECTION 241.261
   241.261 Payment of insurance benefits.
24:2.1.1.2.18.2.199.4SECTION 241.265
   241.265 Insurance of property against flood.
24:2.1.1.2.18.2.199.5SECTION 241.270
   241.270 Refund upon termination of insurance.
24:2.1.1.2.18.2.199.6SECTION 241.275
   241.275 No vested right in fund.
24:2.1.1.2.18.3SUBPART C
Subpart C - Eligibility Requirements - Supplemental Loans To Finance Purchase and Installation of Energy Conserving Improvements, Solar Energy Systems, and Individual Utility Meters in Multifamily Projects Without a HUD-Insured or HUD-Held Mortgage
24:2.1.1.2.18.3.199SUBJGRP 199
   Fees and Charges
24:2.1.1.2.18.3.199.1SECTION 241.500
   241.500 Definitions.
24:2.1.1.2.18.3.199.2SECTION 241.505
   241.505 Processing of applications and required fees.
24:2.1.1.2.18.3.199.3SECTION 241.510
   241.510 Commitments.
24:2.1.1.2.18.3.199.4SECTION 241.515
   241.515 Inspection fee.
24:2.1.1.2.18.3.199.5SECTION 241.520
   241.520 Fees on increases.
24:2.1.1.2.18.3.199.6SECTION 241.525
   241.525 Refund of fees.
24:2.1.1.2.18.3.199.7SECTION 241.530
   241.530 Maximum fees and charges by lender.
24:2.1.1.2.18.3.200SUBJGRP 200
   Eligible Security Instruments
24:2.1.1.2.18.3.200.8SECTION 241.530a
   241.530a Note and security form.
24:2.1.1.2.18.3.200.9SECTION 241.535
   241.535 Loan multiples - minimum principal.
24:2.1.1.2.18.3.200.10SECTION 241.540
   241.540 Method of loan payment and amortization period.
24:2.1.1.2.18.3.200.11SECTION 241.545
   241.545 Covenant against liens.
24:2.1.1.2.18.3.200.12SECTION 241.550
   241.550 Accumulation of next premium.
24:2.1.1.2.18.3.200.13SECTION 241.555
   241.555 Security instrument and lien.
24:2.1.1.2.18.3.200.14SECTION 241.560
   241.560 Agreed interest rate.
24:2.1.1.2.18.3.200.15SECTION 241.565
   241.565 Maximum loan amount.
24:2.1.1.2.18.3.200.16SECTION 241.570
   241.570 Insurance endorsement.
24:2.1.1.2.18.3.200.17SECTION 241.580
   241.580 Application of payments.
24:2.1.1.2.18.3.200.18SECTION 241.585
   241.585 Prepayment privileges and prepayment charge.
24:2.1.1.2.18.3.200.19SECTION 241.586
   241.586 Minimum principal loan amount.
24:2.1.1.2.18.3.201SUBJGRP 201
   Property Requirements
24:2.1.1.2.18.3.201.20SECTION 241.590
   241.590 Eligibility of property.
24:2.1.1.2.18.3.202SUBJGRP 202
   Title
24:2.1.1.2.18.3.202.21SECTION 241.595
   241.595 Eligibility of title.
24:2.1.1.2.18.3.202.22SECTION 241.600
   241.600 Title evidence.
24:2.1.1.2.18.3.203SUBJGRP 203
   Form of Contract
24:2.1.1.2.18.3.203.23SECTION 241.605
   241.605 Contract requirements.
24:2.1.1.2.18.3.203.24SECTION 241.610
   241.610 Assurance of completion.
24:2.1.1.2.18.3.203.25SECTION 241.615
   241.615 Certification of cost requirements.
24:2.1.1.2.18.3.204SUBJGRP 204
   Eligible Borrowers
24:2.1.1.2.18.3.204.26SECTION 241.625
   241.625 Eligible borrowers.
24:2.1.1.2.18.3.204.27SECTION 241.626
   241.626 Disclosure and verification of Social Security and Employer Identification Numbers.
24:2.1.1.2.18.3.205SUBJGRP 205
   Special Requirements
24:2.1.1.2.18.3.205.28SECTION 241.630
   241.630 Maximum insurance against loss.
24:2.1.1.2.18.3.205.29SECTION 241.635
   241.635 Regulatory agreement.
24:2.1.1.2.18.3.205.30SECTION 241.640
   241.640 Employment discrimination prohibited.
24:2.1.1.2.18.3.205.31SECTION 241.645
   241.645 Labor standards and prevailing wage requirements.
24:2.1.1.2.18.4SUBPART D
Subpart D - Contract Rights and Obligations - Multifamily Projects Without a HUD-Insured or HUD-Held Mortgage
24:2.1.1.2.18.4.206SUBJGRP 206
   Premiums
24:2.1.1.2.18.4.206.1SECTION 241.800
   241.800 Definitions.
24:2.1.1.2.18.4.206.2SECTION 241.805
   241.805 Insurance premiums.
24:2.1.1.2.18.4.206.3SECTION 241.805a
   241.805a Mortgagee's late charge.
24:2.1.1.2.18.4.206.4SECTION 241.815
   241.815 Termination of insurance.
24:2.1.1.2.18.4.206.5SECTION 241.825
   241.825 Pro rata refund of insurance premium.
24:2.1.1.2.18.4.207SUBJGRP 207
   Rights and Duties of Lender Under the Contract of Insurance
24:2.1.1.2.18.4.207.6SECTION 241.830
   241.830 Definition of default.
24:2.1.1.2.18.4.207.7SECTION 241.840
   241.840 Date of default.
24:2.1.1.2.18.4.207.8SECTION 241.850
   241.850 Notice of default.
24:2.1.1.2.18.4.207.9SECTION 241.860
   241.860 Commissioner's right to require acceleration.
24:2.1.1.2.18.4.207.10SECTION 241.865
   241.865 Election by the lender.
24:2.1.1.2.18.4.207.11SECTION 241.875
   241.875 Maximum claim period.
24:2.1.1.2.18.4.207.12SECTION 241.880
   241.880 Items to be delivered on submitting claim.
24:2.1.1.2.18.4.207.13SECTION 241.885
   241.885 Insurance benefits.
24:2.1.1.2.18.4.207.14SECTION 241.890
   241.890 Characteristics of debentures.
24:2.1.1.2.18.4.207.15SECTION 241.893
   241.893 Cash adjustment.
24:2.1.1.2.18.4.208SUBJGRP 208
   Assignments
24:2.1.1.2.18.4.208.16SECTION 241.895
   241.895 Assignment of insured loans.
24:2.1.1.2.18.4.209SUBJGRP 209
   Extension of Time
24:2.1.1.2.18.4.209.17SECTION 241.897
   241.897 Actions to be taken by lender.
24:2.1.1.2.18.4.210SUBJGRP 210
   Rights in Housing Fund
24:2.1.1.2.18.4.210.18SECTION 241.900
   241.900 No vested right in fund.
24:2.1.1.2.18.4.210.19SECTION 241.905
   241.905 Effect of amendments.
24:2.1.1.2.18.5SUBPART E
Subpart E - Insurance for Equity Loans and Acquisition Loans - Eligibility Requirements
24:2.1.1.2.18.5.211.1SECTION 241.1000
   241.1000 Purpose and scope.
24:2.1.1.2.18.5.211.2SECTION 241.1005
   241.1005 Definitions.
24:2.1.1.2.18.5.211.3SECTION 241.1010
   241.1010 Feasibility letter.
24:2.1.1.2.18.5.211.4SECTION 241.1015
   241.1015 Processing of applications and required fees.
24:2.1.1.2.18.5.211.5SECTION 241.1020
   241.1020 Commitments.
24:2.1.1.2.18.5.211.6SECTION 241.1025
   241.1025 Refund of fees.
24:2.1.1.2.18.5.211.7SECTION 241.1030
   241.1030 Mortgage insurance premiums.
24:2.1.1.2.18.5.211.8SECTION 241.1035
   241.1035 Charges by lender.
24:2.1.1.2.18.5.211.9SECTION 241.1040
   241.1040 Eligible lenders.
24:2.1.1.2.18.5.211.10SECTION 241.1045
   241.1045 Note and security form.
24:2.1.1.2.18.5.211.11SECTION 241.1046
   241.1046 Rental assistance.
24:2.1.1.2.18.5.211.12SECTION 241.1050
   241.1050 Method of loan payment.
24:2.1.1.2.18.5.211.13SECTION 241.1055
   241.1055 Date of first payment to principal.
24:2.1.1.2.18.5.211.14SECTION 241.1060
   241.1060 Maturity.
24:2.1.1.2.18.5.211.15SECTION 241.1065
   241.1065 Maximum loan amount - loans insured in connection with a plan of action under subpart C of part 248 of this chapter.
24:2.1.1.2.18.5.211.16SECTION 241.1067
   241.1067 Maximum loan amount - loans insured in connection with a plan of action under subpart B of part 248 of this chapter.
24:2.1.1.2.18.5.211.17SECTION 241.1068
   241.1068 Renegotiation of an equity loan.
24:2.1.1.2.18.5.211.18SECTION 241.1069
   241.1069 Escrow requirements.
24:2.1.1.2.18.5.211.19SECTION 241.1070
   241.1070 Agreed interest rate.
24:2.1.1.2.18.5.211.20SECTION 241.1080
   241.1080 Eligibility of title.
24:2.1.1.2.18.5.211.21SECTION 241.1085
   241.1085 Title evidence.
24:2.1.1.2.18.5.211.22SECTION 241.1090
   241.1090 Accumulation of next premium.
24:2.1.1.2.18.5.211.23SECTION 241.1095
   241.1095 Application of payments.
24:2.1.1.2.18.5.211.24SECTION 241.1100
   241.1100 Prepayment privilege and charges.
24:2.1.1.2.18.5.211.25SECTION 241.1105
   241.1105 Late charges.
24:2.1.1.2.18.5.211.26SECTION 241.1120
   241.1120 Mortgagee's consent.
24:2.1.1.2.18.6SUBPART F
Subpart F - Insurance for Equity Loans and Acquisition Loans - Contract Rights and Obligations
24:2.1.1.2.18.6.211.1SECTION 241.1200
   241.1200 Cross-references.
24:2.1.1.2.18.6.211.2SECTION 241.1205
   241.1205 Payment of insurance benefits.
24:2.1.1.2.18.6.211.3SECTION 241.1210
   241.1210 Condition for payment of insurance benefits.
24:2.1.1.2.18.6.211.4SECTION 241.1215
   241.1215 Calculation of insurance benefits.
24:2.1.1.2.18.6.211.5SECTION 241.1220
   241.1220 Termination of insurance benefits.
24:2.1.1.2.18.6.211.6SECTION 241.1230
   241.1230 No vested right in fund.
24:2.1.1.2.18.6.211.7SECTION 241.1235
   241.1235 Cross default.
24:2.1.1.2.18.6.211.8SECTION 241.1245
   241.1245 Insurance endorsement.
24:2.1.1.2.18.6.211.9SECTION 241.1250
   241.1250 Effect of endorsement.