StacksVerified U.S. regulatory reference

24 CFR §266.130

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Reinsurance will be permitted for the portion of the HFA risk, subject to the following requirements:
  1. (a)Neither HUD's nor the HFA's position shall be subordinated;
  2. (b)The reinsurance may not be used to reduce any reserve or fund balance requirements; and
  3. (c)Such reinsurance does not incur an obligation to the Federal Government.