§266.25. Limitation on HUD insurance liability.
24 C.F.R. § 266.25
The Commissioner shall have no obligation to recognize or deal with anyone other than the HFA in its role as mortgagee of record and as party to a risk-sharing agreement with HUD with respect to the rights, benefits, and obligations of the HFA under the contract of insurance.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1715z-22.; 42 U.S.C. 3535(d).
Source
Source: 59 FR 62524, Dec. 5, 1994, unless otherwise noted.