§266.417. Authority to adjust mortgage insurance amount.
24 C.F.R. § 266.417
In order to protect the mortgage insurance funds, the Commissioner has authority in his or her sole discretion, at any time prior to and including final endorsement, to adjust the amount of the mortgage 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.