24 CFR 200.156

§ 200.156 Settlement of claims.

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

Cite this

Citation: 24 CFR 200.156, § 200.156 Settlement of claims, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99265
Permanent ID: ys:prov:99265@1
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Full text

Upon the Secretary's approval of a claim, the claim will be settled by issuance of cash, debentures or both, and, in certain cases, by issuance of a certificate of claim. However, in the event a final claim is in a negative amount, the claim will be settled by the mortgagee's payment of cash or surrender of debentures at par plus accrued interest to the Secretary.

Legislative history

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