24 CFR 203.259
§ 203.259 Method of payment of MIP.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 203.259, § 203.259 Method of payment of MIP, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99520
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Full text
The payment of any MIP under this subpart shall be made to the Commissioner by the mortgagee either in cash or debentures at par plus accrued interest.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.