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24 CFR 203.261

§ 203.261 Calculation of periodic MIP.

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

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24 CFR 203.261, § 203.261 Calculation of periodic MIP, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99523
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The amount of any periodic MIP shall be calculated in accordance with the original amortization provisions of the mortgage, without taking into account delinquent payments, prepayments, agreements to postpone payments, or agreements to recast the mortgage.

Legislative history

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