24 C.F.R. § 200.156

Settlement of claims.

Last amended: 2016Year: 2026Length: 71 wordsOfficial source

Cite as 24 C.F.R. § 200.156 (2026)

Upon the Secretary's approval of a claim, the claim will be settled by issuance of cash, debentures or both, and, in certain cases, by issuance of a certificate of claim. However, in the event a final claim is in a negative amount, the claim will be settled by the mortgagee's payment of cash or surrender of debentures at par plus accrued interest to the Secretary. [61 FR 14404, Apr. 1, 1996]
24 C.F.R. § 200.156: Settlement of claims. | Justis AI