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24 CFR 241.630

§ 241.630 Maximum insurance against loss.

United States · 24 CFR — Housing and Urban Development · Status: effective

Banking, Finance & Insurance
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24 CFR 241.630, § 241.630 Maximum insurance against loss, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100115
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Full text

A loan insured under this subpart shall be insured for 90 percent of any loss incurred by the person holding the note for the loan.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.