United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2015_register executive 2018-02-23 article Rules and Regulations D09002ee1c7f73471 D09002ee1c7f73507 United States Department of Housing and Urban Development originator org United States Government Agency or Subagency This final rule is a cost-savings measure to update HUD's regulations regarding the payment of FHA insurance claims in debentures. Section 520(a) of the National Housing Act grants the Secretary discretion to pay insurance claims in cash or debentures. Although some sections of HUD's regulations have provided mortgagees the option to elect payment of FHA insurance claims in debentures, HUD has not paid an FHA insurance claim in debentures under these regulations in approximately 5 years. This final rule amends applicable FHA regulations to bring consistency in determining the method of payment for FHA insurance claims. This final rule follows publication of the February 20, 2015, proposed rule and adopts the proposed rule without change. 80 FR 51466 https://www.govinfo.gov/app/details/FR-2015-08-25/2015-20827 2015-20827 fr25au15-11 RIN 2502-AJ26 4210-67-P Docket No. FR-5805-F-02 https://www.govinfo.gov/app/details/FR-2015-08-25/2015-20827 https://www.govinfo.gov/content/pkg/FR-2015-08-25/html/2015-20827.htm https://www.govinfo.gov/content/pkg/FR-2015-08-25/pdf/2015-20827.pdf Hawaiian Natives Home Improvement Indians-Lands Loan Programs-Housing and Community Development; Mortgage Insurance; Reporting and Recordkeeping Requirements; Solar Energy Manufactured Homes Mortgage Insurance Reporting and Recordkeeping Requirements Solar Energy Loan Programs-Housing and Community Development Urban Renewal Low and Moderate Income Housing Fire Prevention Health Facilities Loan Programs-Health Nursing Homes Grant Programs-Housing and Community Development Rent Subsidies 4 p. 51466 51469 80 FR 51466 Title 24 Part 203 24 CFR Part 203 Title 24 Part 207 24 CFR Part 207 Title 24 Part 220 24 CFR Part 220 Title 24 Part 221 24 CFR Part 221 Title 24 Part 232 24 CFR Part 232 Title 24 Part 236 24 CFR Part 236 Title 24 Part 241 24 CFR Part 241 RIN 2502-AJ26 Federal Housing Administration (FHA): Standardizing Method of Payment for FHA Insurance Claims; Federal Register Vol. 80, Issue RULE 2015-20827 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 2015-09-24 Docket No. FR-5805-F-02 4210-67-P 2015-20827 Final rule.

This final rule is a cost-savings measure to update HUD's regulations regarding the payment of FHA insurance claims in debentures. Section 520(a) of the National Housing Act grants the Secretary discretion to pay insurance claims in cash or debentures. Although some sections of HUD's regulations have provided mortgagees the option to elect payment of FHA insurance claims in debentures, HUD has not paid an FHA insurance claim in debentures under these regulations in approximately 5 years. This final rule amends applicable FHA regulations to bring consistency in determining the method of payment for FHA insurance claims. This final rule follows publication of the February 20, 2015, proposed rule and adopts the proposed rule without change.

Effective Date: September 24, 2015. For information about: HUD's Single Family Housing program, contact Ivery Himes, Director, Office of Single Family Asset Management, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Room 9172, Washington, DC 20410; telephone number 202-708-1672; HUD's Multifamily Housing program, contact Sivert Ritchie, Multifamily Claims Branch, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Room 6252, Washington, DC 20410-8000; telephone number 202-708-2510. The telephone numbers listed above are not toll-free numbers. Persons with hearing or speech impairments may access these numbers through TTY by calling the Federal Relay Service at 800-877-8339 (this is a toll-free number). Hawaiian Natives Home Improvement Indians-Lands Loan Programs-Housing and Community Development; Mortgage Insurance; Reporting and Recordkeeping Requirements; Solar Energy Manufactured Homes Mortgage Insurance Reporting and Recordkeeping Requirements Solar Energy Loan Programs-Housing and Community Development Urban Renewal Low and Moderate Income Housing Fire Prevention Health Facilities Loan Programs-Health Nursing Homes Grant Programs-Housing and Community Development Rent Subsidies Federal Housing Administration Standardizing Method of Payment for FHA Insurance Claims , Vol. 80, no. 164 Office of the Federal Register, National Archives and Records Administration 2015-08-25 continuing daily deposited born digital 311 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2015-08-25 P0b002ee1988bb913 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr25au15 https://www.govinfo.gov/app/details/FR-2015-08-25 https://www.govinfo.gov/content/pkg/FR-2015-08-25/pdf/FR-2015-08-25.pdf https://www.govinfo.gov/content/pkg/FR-2015-08-25/xml/FR-2015-08-25.xml fdlp 51423 51722 DGPO 2018-02-23 2024-06-02 FR-2015-08-25 machine generated eng FR FR-2015-08-25 80 164