# Office of the Assistant Secretary for HousingFederal Housing Commissioner; Single Family Mortgage Insurance Premium; Correction to Final Rule
> **US Department of Housing and Urban Development** · Final rule; Correction. · Published 1996-08-19 · 61 FR 42786
## Document
- **Document number:** 96-21031
- **Category:** hud-fha
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 61 FR 42786
- **CFR reference:** 24 CFR 203
- **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.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1996/08/19/96-21031/office-of-the-assistant-secretary-for-housingfederal-housing-commissioner-single-family-mortgage)
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