Subpart C. Subpart C—Contract Rights and Obligations

• Sale, Assignment and Pledge

  • SECTION § 206.101 - Sale, assignment and pledge of insured mortgages.
  • SECTION § 206.102 - Insurance Funds.

• Mortgage Insurance Premiums

  • SECTION § 206.103 - Payment of MIP.
  • SECTION § 206.105 - Amount of MIP.
  • SECTION § 206.107 - Mortgagee election of assignment or shared premium option.
  • SECTION § 206.109 - Amount of mortgagee share of premium.
  • SECTION § 206.111 - Due date of MIP.
  • SECTION § 206.113 - Late charge and interest.
  • SECTION § 206.115 - Insurance of mortgage.
  • SECTION § 206.116 - Refunds.

• HUD Responsibility to Borrowers

  • SECTION § 206.117 - General.
  • SECTION § 206.119 - [Reserved]
  • SECTION § 206.121 - Commissioner authorized to make payments.

• Claim Procedure

  • SECTION § 206.123 - Claim procedures in general.
  • SECTION § 206.125 - Acquisition and sale of the property.
  • SECTION § 206.127 - Application for insurance benefits.
  • SECTION § 206.129 - Payment of claim.

• Condominiums

  • SECTION § 206.131 - Contract rights and obligations for mortgages on individual dwelling units in a condominium.

• Termination of Insurance Contract

  • SECTION § 206.133 - Termination of insurance contract.

• Additional Requirements

  • SECTION § 206.134 - Partial release, addition or substitution of security.
  • SECTION § 206.135 - Application for insurance benefits and fiscal data.
  • SECTION § 206.136 - Conditions for assignment.
  • SECTION § 206.137 - Effect of noncompliance with regulations.
  • SECTION § 206.138 - Mortgagee's liability for certain expenditures.
  • SECTION § 206.140 - Inspection and preservation of properties.
  • SECTION § 206.141 - Property condition.
  • SECTION § 206.142 - Adjustment for damage or neglect.
  • SECTION § 206.143 - Certificate of property condition.
  • SECTION § 206.144 - Final payment.
  • SECTION § 206.145 - Items deducted from payment.
  • SECTION § 206.146 - Debenture interest rate.