# Conversion From Coinsurance to Full Insurance
> **US Department of Housing and Urban Development** · Interim rule. · Published 1995-09-19 · Effective 1995-10-19 · 60 FR 48596
## Document
- **Document number:** 95-22826
- **Category:** hud-other
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 60 FR 48596
- **CFR reference:** 24 CFR 251
- **Publication date:** 1995-09-19
- **Effective date:** 1995-10-19
- **Docket:** Docket No. FR-3813-I-01
## Abstract

HUD is amending its multifamily coinsurance regulations to provide coinsuring lenders with two new options in dealing with defaulted coinsured mortgages. Specifically, this interim rule permits coinsuring lender-issuers to request that HUD endorse certain defaulted mortgages for full insurance, without a GNMA takeover of the lender- issuer's entire portfolio. Additionally, this interim rule allows coinsuring lenders to advance funds to cure mortgage delinquencies on a coinsured mortgage and to reduce principal on that mortgage to a level that restores the financial viability of the project.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1995/09/19/95-22826/conversion-from-coinsurance-to-full-insurance)
---
*MORVS · CC0 1.0*