1. Regulations
  2. title 24
  3. chapter II
  4. part 213
  5. subpart B
  6. § 213.259

View all text of Subpart B [§ 213.251 - § 213.280]

§ 213.259 - Computation of subsequent annual premiums.

The premiums payable on and after the date of the first principal payment shall be calculated in accordance with the amortization provisions without taking into account delinquent payments or prepayments.

AUTHORITY: 12 U.S.C. 1715b, 1715e; 42 U.S.C. 3535(d).

SOURCE: 36 FR 24553, Dec. 22, 1971, unless otherwise noted.

CITE AS: 24 CFR 213.259