R.C.S.A. § 8-248E-26
Mortgage insurance coverage (Repealed)
Cite as Conn. Agencies Regs. § 8-248E-26
The term of all mortgage insurance or guarantees with respect to CHFA mortgage loans
shall not expire prior to the payment in full of said loan. Any mortgage insurance
or guarantee shall be in full force and effect as of the closing date of the CHFA
mortgage loan insured or guaranteed, and such insurance or guarantee shall name CHFA
as the insured or the beneficiary of the guarantee.
A private mortgage insurer shall not charge a commission, fee, or other compensation
for providing mortgage insurance other than premiums at the rate or rates filed with
the Insurance Commissioner.