24 CFR §200.61
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Marketable title to the project must be vested in the mortgagor as of the date the mortgage is filed for record.
- (b)Title evidence for the Commissioner's examination shall include a lender's title insurance policy, which title policy provides survey coverage based on a survey acceptable to the title company and the Commissioner; or as the Commissioner may otherwise require, in accordance with terms, conditions and standards established by the Commissioner.
- (c)Endorsement of the credit instrument for insurance shall evidence the acceptability of title evidence.