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        <title>Mortgage Insurance Premiums in Multifamily Housing Programs</title>
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    <abstract>HUD currently has statutory authority to set the mortgage insurance premiums ("MIP") for multifamily programs from one-fourth to one percent of the outstanding principal balance per annum. However, HUD's current regulations currently set the MIP at a specific figure, one-half of one percent in most programs. This interim rule revises current regulations to permit the Secretary to set mortgage insurance premiums by program within the full range of HUD's statutory authority through notice, making it easier for HUD to respond more efficiently to changing market and programmatic conditions, and making it possible to continue these programs for the remainder of fiscal year 2001 and into 2002.</abstract>
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        <topic>Manufactured Homes</topic>
        <topic>Mortgage Insurance</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
        <topic>Solar Energy</topic>
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        <agency order="1">DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT</agency>
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        <summary>HUD currently has statutory authority to set the mortgage insurance premiums ("MIP") for multifamily programs from one-fourth to one percent of the outstanding principal balance per annum. However, HUD's current regulations currently set the MIP at a specific figure, one-half of one percent in most programs. This interim rule revises current regulations to permit the Secretary to set mortgage insurance premiums by program within the full range of HUD's statutory authority through notice, making it easier for HUD to respond more efficiently to changing market and programmatic conditions, and making it possible to continue these programs for the remainder of fiscal year 2001 and into 2002.</summary>
        <dates>Effective Date: August 1, 2001.</dates>
        <contact>Michael McCullough, Director, Office of Multifamily Development, U.S. Department of Housing and Urban Development, 451 Seventh Street, SW, Washington, DC 20410, at (202) 708-1142. Persons with hearing or speech impairments may access these numbers via TTY by calling the Federal Information Relay Service at (800) 877-8339.</contact>
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            <subject>Manufactured Homes</subject>
                                    
            <subject>Mortgage Insurance</subject>
                                    
            <subject>Reporting and Recordkeeping Requirements</subject>
                                    
            <subject>Solar Energy</subject>
                                
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        <tocSubject1>Mortgage and loan insurance programs:</tocSubject1>
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