Office of the Assistant Secretary for HousingFederal Housing Commissioner; Single Family Mortgage Insurance Premium; Correction to Final Rule
HUD · hud-fha · Published 1996-08-19 · 61 FR 42786
Document
Document number
96-21031
Federal Register citation
61 FR 42786
CFR reference
24 CFR 203
Type
Rule
Action
Final rule; Correction.
Category
hud-fha
Agency
US Department of Housing and Urban Development
Publication date
1996-08-19
Docket
Docket No. FR-3899-C-02
Abstract
On July 19, 1996 (61 FR 37798), the Department published in the Federal Register, a final rule that finalized a proposed rule published by the Department on January 26, 1996, which proposed many benefits to the mortgage lenders that would reduce their servicing costs and the confusion generated by adjustments to the annual mortgage insurance premium (MIP) on cases not endorsed within the first six months after amortization. The purpose of this document is to remove a redundant sentence in the preamble of the rule and to make a clarifying change to Sec. 203.264.