Under the Lender Insurance program, a mortgagee approved for the program conducts its own pre-insurance review, insures the mortgage, and agrees to indemnify HUD in accordance with § 203.255(f).
[62 FR 30226, June 2, 1997]
Cross-references to the CFR
203.255
24 C.F.R. § 203.6: Lender Insurance process. | Justis AI