1. Regulations
  2. title 24
  3. chapter II
  4. part 203
  5. subpart A
  6. subjgrp 83
  7. § 203.44

View all text of Subjgrp 83 [§ 203.37 - § 203.52]

§ 203.44 - Eligibility of advances.

Mortgagees may not make open-end advances under section 225 of the National Housing Act (12 U.S.C. 1715p) in connection with the mortgages insured under this chapter.

[61 FR 36264, July 9, 1996]

AUTHORITY: 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

SOURCE: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

CITE AS: 24 CFR 203.44