24 C.F.R. § 266.646   Determining the amount of loss.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 266—HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS
Subpart G—Contract Rights and Obligations
Claim Procedures

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§ 266.646   Determining the amount of loss.

The amount of the total loss to be shared by HUD and the HFA is equal to:

(a) The amount of the initial claim payment;

(b) Plus all items set forth in §266.648; and

(c) Less all items set forth in §266.650.

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