---
kind: "section"
citation: "24 C.F.R. § 206.15"
title: "24"
number: "206.15"
heading: "Insurance."
url: "https://uscodex.org/cfr/24/206.15"
---

# §206.15. Insurance.


Mortgages originated under this part must be endorsed through the Direct Endorsement program under [§ 203.5](/cfr/24/203.5.md) of this chapter, except that any references to [§ 203.255](/cfr/24/203.255.md) in [§ 203.5](/cfr/24/203.5.md) shall mean [§ 206.115](/cfr/24/206.115.md). The mortgagee shall submit the information as described in [§ 206.115(b)](/cfr/24/206.115.md?p=b) for the Direct Endorsement program; the certificate of housing counseling as described in [§ 206.41](/cfr/24/206.41.md); a copy of the title insurance commitment satisfactory to the Commissioner (or other acceptable title evidence if the Commissioner has determined not to require title insurance under [§ 206.45(a)](/cfr/24/206.45.md?p=a)); the mortgagee's election of either the assignment or shared premium option under [§ 206.107](/cfr/24/206.107.md); and any other documentation required by the Commissioner. If the mortgagee has complied with the requirements of §§ [203.3](/cfr/24/203.3.md) and [203.5](/cfr/24/203.5.md), except that any reference to [§ 203.255](/cfr/24/203.255.md) in these sections shall mean [§ 206.115](/cfr/24/206.115.md) for purposes of this section, and other requirements of this part, and the mortgage is determined to be eligible, the Commissioner will endorse the mortgage for insurance by issuing a Mortgage Insurance Certificate.


## Notes

### Authority

Authority: 12 U.S.C. 1715b, 1715z-20; 42 U.S.C. 3535(d)

### Source

Source: 82 FR 7117, Jan. 19, 2017, unless otherwise noted.