24 CFR §200.162
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The certificate of claim issued to the mortgagee at the time debentures are issued constitutes an agreement by the FHA that after the FHA has recovered its investment in a particular property any excess over and above such investment is available for payment on the certificate of claim. Certificates of claim bear interest at the rate of 3 percent per annum.