24 C.F.R. § 200.156 Settlement of claims.
Title 24 - Housing and Urban Development
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]
Title 24: Housing and Urban Development
PART 200—INTRODUCTION TO FHA PROGRAMS
Subpart E—Mortgage Insurance Procedures and Processing
Claims for Losses
§ 200.156 Settlement of claims.
