View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
HUD/OH RIN: 2502-AJ45 Publication ID: Spring 2018 
Title: ●Federal Housing Administration (FHA): Single Family Mortgage Coinsurance (FR-6096) 
Abstract:

This advanced notice of proposed rulemaking seeks comment on possible future rulemaking to implement HUD’s authority under section 244 of the National Housing Act (12 U.S.C. 1715z-9). Section 244 authorizes the Secretary of HUD to insure a mortgage pursuant to a co-insurance contract providing that the mortgagee will assume a percentage of any loss on the insured mortgage in direct proportion to the amount of the co-insurance. HUD’s previous regulations implementing this authority were removed in 1994. HUD is considering issuing new regulations to implement section 244 and seeks comment on the feasibility and possible substance of such potential future rulemaking.

 
Agency: Department of Housing and Urban Development(HUD)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 24 CFR 204   
Legal Authority: 12 U.S.C 1715z-9    42 U.S.C 3535(d)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  11/00/2018 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Elissa Saunders
Director, Office of Single Family Program Development
Department of Housing and Urban Development
Office of Housing
451 7th Street SW,
Washington, DC 20410
Phone:202 708-1672