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§ 200.162 Certificates of claim.

24 CFR 200.162

Citation24 CFR 200.162
CorpusDaily eCFR
Displayed edition2026-04-15
Last updated2026-04-15

§ 200.162 Certificates of claim.

The certificate of claim issued to the mortgagee at the time debentures are issued constitutes an agreement by the FHA that after the FHA has recovered its investment in a particular property any excess over and above such investment is available for payment on the certificate of claim. Certificates of claim bear interest at the rate of 3 percent per annum.