24 CFR §221.780 — Issuance of debentures

fha-24cfr-221-780

HUD / FHA Multifamily · a federal regulation, 24 CFR Part 221, Subpart D—Contract Rights and Obligations—Moderate Income Projects. It governs FHA's multifamily programs, not the Single Family Housing Policy Handbook 4000.1. Text as of eCFR 2026-10-09.

24 CFR §221.780, Issuance of debentures. An FHA multifamily program rule in Subpart D—Contract Rights and Obligations—Moderate Income Projects of 24 CFR Part 221 (Low Cost and Moderate Income Mortgage Insurance—Savings Clause).

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24 CFR §221.780 — Issuance of debentures

Upon the exercise of the assignment option and the satisfactory performance of the requirements as to assignment set out in § 207.258 of this chapter, the Commissioner shall issue the assignor mortgagee debentures having a total par value equal to the amount of the original principal obligation of the mortgage which was unpaid on the date of the assignment, plus accrued interest to such date.

Source: 24 CFR §221.780 — Issuance of debentures · source URL · snapshot 5c3f2f5176e6cc7f

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Source of record: https://claudeforcompliance.com/regs/fha-24cfr-221-780/ · register fha-24cfr-221-780 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.