24 CFR 207.259 - Insurance benefits

Cite as24 CFR 207.259
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20 practice notes
  • 515 ASSOCIATES v. City of Newark, Civ. A. No. 75-2194.
    • United States
    • United States District Courts. 3th Circuit. United States District Courts. 3th Circuit. District of New Jersey
    • January 12, 1977
    ...have satisfied the conditions of eligibility, HUD undertakes to insure virtually the entire principal amount of the mortgage loan. See 24 C.F.R. § 207.259 (1976). Once this commitment is made, HUD oversees the mortgagor's business operations, 24 C.F.R. § 207.19(f) (1976), and regulates the ......
  • S.S. Silberblatt, Inc. v. East Harlem Pilot Block-Bldg. 1 Housing Development Fund Co., Inc., No. 715
    • United States
    • U.S. Court of Appeals — Second Circuit
    • October 23, 1979
    ...documents to the Secretary (or foreclose and deliver title to the property to the Secretary). 12 U.S.C. §§ 1713(g), 1715z-3(a)(2); 24 C.F.R. § 207.259. Upon assignment or transfer of title, the mortgagee receives, with some adjustments, the unpaid amount of the mortgage money advanced to th......
  • Suburban Mortg. v. U.S. Dept. of Housing and Urban, No. 06-1207.
    • United States
    • United States Courts of Appeals. United States Court of Appeals for the Federal Circuit
    • March 12, 2007
    ...to HUD, 24 C.F.R. § 207.258(b). In either case, HUD pays the lender the outstanding debt the borrower owed, less certain charges. 24 C.F.R. § 207.259. In this case, the nursing home (Hillside) defaulted on its mortgage loan. Thereafter, 480 F.3d 1119 Suburban notified HUD that it wished to ......
  • Chicago Title Ins. Co. v. SHERRED VILLAGE ASSOC., Civ. No. 76-56 P.
    • United States
    • United States District Courts. 1st Circuit. United States District Court (Maine)
    • June 14, 1982
    ...to receive payment of the FHA mortgage insurance benefits, provided the requirements for assignment to FHA are met. 24 C.F.R. §§ 236.265, 207.259. If a defect that was in existence as of the closing date of the purchase from GNMA prevents the purchaser from recovering from the FHA as insure......
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7 cases
  • 515 ASSOCIATES v. City of Newark, Civ. A. No. 75-2194.
    • United States
    • United States District Courts. 3th Circuit. United States District Courts. 3th Circuit. District of New Jersey
    • January 12, 1977
    ...have satisfied the conditions of eligibility, HUD undertakes to insure virtually the entire principal amount of the mortgage loan. See 24 C.F.R. § 207.259 (1976). Once this commitment is made, HUD oversees the mortgagor's business operations, 24 C.F.R. § 207.19(f) (1976), and regulates the ......
  • S.S. Silberblatt, Inc. v. East Harlem Pilot Block-Bldg. 1 Housing Development Fund Co., Inc., No. 715
    • United States
    • U.S. Court of Appeals — Second Circuit
    • October 23, 1979
    ...documents to the Secretary (or foreclose and deliver title to the property to the Secretary). 12 U.S.C. §§ 1713(g), 1715z-3(a)(2); 24 C.F.R. § 207.259. Upon assignment or transfer of title, the mortgagee receives, with some adjustments, the unpaid amount of the mortgage money advanced to th......
  • Suburban Mortg. v. U.S. Dept. of Housing and Urban, No. 06-1207.
    • United States
    • United States Courts of Appeals. United States Court of Appeals for the Federal Circuit
    • March 12, 2007
    ...to HUD, 24 C.F.R. § 207.258(b). In either case, HUD pays the lender the outstanding debt the borrower owed, less certain charges. 24 C.F.R. § 207.259. In this case, the nursing home (Hillside) defaulted on its mortgage loan. Thereafter, 480 F.3d 1119 Suburban notified HUD that it wished to ......
  • Chicago Title Ins. Co. v. SHERRED VILLAGE ASSOC., Civ. No. 76-56 P.
    • United States
    • United States District Courts. 1st Circuit. United States District Court (Maine)
    • June 14, 1982
    ...to receive payment of the FHA mortgage insurance benefits, provided the requirements for assignment to FHA are met. 24 C.F.R. §§ 236.265, 207.259. If a defect that was in existence as of the closing date of the purchase from GNMA prevents the purchaser from recovering from the FHA as insure......
  • Request a trial to view additional results

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