24 C.F.R. § 203.342   Mortgage modification.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations
Continuation of Insurance

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§ 203.342   Mortgage modification.

If a mortgage is recast pursuant to §203.616, the principal amount of the mortgage, as modified, shall be considered to be the “original principal balance of the mortgage” as that term is used in §203.401.

[62 FR 60129, Nov. 6, 1997]

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