24 CFR 203.362
§ 203.362 Conditions for withdrawal of application for insurance benefits.
United States · 24 CFR — Housing and Urban Development · Status: effective
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- Citation
- 24 CFR 203.362, § 203.362 Conditions for withdrawal of application for insurance benefits, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99567
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Full text
With the consent of the Commissioner, a mortgagee may withdraw an application for insurance benefits if the mortgagee agrees that it will:
(a) Accept a reconveyance of the property under a deed which warrants against the acts of the Commissioner and all claiming by, through, or under him; and
(b) Promptly file a reconveyance for record; and
(c) Accept without continuation the title evidence which it furnished the Commissioner; and
(d) Reimburse the Commissioner for property expenditures as set forth in § 203.364.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.