24 CFR 213.501
§ 213.501 Savings clause.
United States · 24 CFR — Housing and Urban Development · Status: effective
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- Citation
- 24 CFR 213.501, § 213.501 Savings clause, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99848
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Full text
No new loans are being insured under the Cooperative Housing Mortgage Insurance Program for individual properties released from a project mortgage. Any existing insured loans on individual properties released from a project mortgage under this program will continue to be governed by the regulations on eligibility requirements, contract rights and obligations, and servicing responsibilities in effect as they existed immediately before December 26, 1996.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.