24 CFR 206.109

§ 206.109 Amount of mortgagee share of premium.

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

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Citation: 24 CFR 206.109, § 206.109 Amount of mortgagee share of premium, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99746
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Full text

Using the factors provided by the Commissioner, the amount of the mortgagee share of the premium shall be determined for each mortgage based upon the age of the youngest borrower or Eligible Non-Borrowing Spouse and the expected average mortgage interest rate.

Legislative history

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