24 C.F.R. §203.371 - Partial claim

Cite as24 C.F.R. §203.371
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3 cases
  • Beach v. Sec'y Development, Case No. 2:17-cv-240
    • United States
    • United States District Courts. 6th Circuit. United States District Courts. 6th Circuit. Southern District of Ohio
    • March 30, 2018
    ...payment of a mortgage on a 1-to 4-family residence that is in default or facts imminent default[.]" 12 U.S.C. § 1715u(b)(1); see also 24 C.F.R. § 203.371(a) ("Notwithstanding the conveyance, sale or assignmentPage 4 requirements for payment of a claim elsewhere in this part, HUD will pay pa......
  • Pace v. Wells Fargo Bank, N.A., Civil Action No. 19-1706 (CKK)
    • United States
    • United States District Courts. United States District Court (Columbia)
    • April 2, 2020
    ...see id. at 17 (alleging that "Wells Fargo never met HUD/FHA requirements for a Partial Claims Promissory Note"). Plaintiff refers to 24 C.F.R. § 203.371 and certain FHA-issued Mortgagee Letters, see Opp'n to WF Mot. at 2, 5, which, among other criteria, require timely recordation of loan mo......
  • In re Bryant-Willis, Case No. 08-10785 (Bankr.S.D.Ohio 1/30/2009), Case No. 08-10785.
    • United States
    • United States Bankruptcy Courts. Sixth Circuit. U.S. Bankruptcy Court — Southern District of Ohio
    • January 30, 2009
    ...According to HUD, the funds were advanced as payment of partial FHA insurance benefits to the Debtor's first mortgagee, pursuant to 24 C.F.R. § 203.371, to cure an arrearage on the first mortgage.1 Absent the occurrence of one of four accelerating events, the Debtor need not repay the HUD l......

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