24 CFR § 203.321 Single Family Mortgage Insurance

§ 203.321 Effect of termination.

Current through Aug 20, 2026 · Read all of Part 203

⚠ 1 pending change to Part 203

Upon termination of the contract of insurance, the obligation to pay any subsequent periodic MIP or open-end insurance charge shall cease and all rights of the mortgagor and mortgagee shall be terminated, except as otherwise provided in this part.

[48 FR 28807, June 23, 1983]

← § 203.320 Notice and date of termination by Commissioner.§ 203.330 Definition of delinquency and requirement for notice of delinquency to HUD. →