§201.32. Insurance coverage reserve account. — Inbound Citations
24 C.F.R. § 201.32
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 24 U.S.C. § 201.32 as a whole
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The lender will be reimbursed in an amount not to exceed 90 percent of its loss on any eligible loan up to the amount of insurance coverage in the lender's insurance coverage reserve account established by the Secretary under § 201.32, if the insurance claim is made in accordance with the requirements of this part. The amount of the insurance claim payment shall be computed as follows: