# Federal Housing Administration (FHA): Standardizing Method of Payment for FHA Insurance Claims
> **US Department of Housing and Urban Development** · Final rule. · Published 2015-08-25 · Effective 2015-09-24 · 80 FR 51466
## Document
- **Document number:** 2015-20827
- **Category:** hud-fha
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 80 FR 51466
- **CFR reference:** 24 CFR 203
- **Publication date:** 2015-08-25
- **Effective date:** 2015-09-24
- **Docket:** Docket No. FR-5805-F-02
## Abstract

This final rule is a cost-savings measure to update HUD's regulations regarding the payment of FHA insurance claims in debentures. Section 520(a) of the National Housing Act grants the Secretary discretion to pay insurance claims in cash or debentures. Although some sections of HUD's regulations have provided mortgagees the option to elect payment of FHA insurance claims in debentures, HUD has not paid an FHA insurance claim in debentures under these regulations in approximately 5 years. This final rule amends applicable FHA regulations to bring consistency in determining the method of payment for FHA insurance claims. This final rule follows publication of the February 20, 2015, proposed rule and adopts the proposed rule without change.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2015/08/25/2015-20827/federal-housing-administration-fha-standardizing-method-of-payment-for-fha-insurance-claims)
---
*MORVS · CC0 1.0*