1. LawStack
  2. Title 24 - Housing and Urban Development
  3. Subtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
  4. Chapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
  5. Subchapter B - MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES
  6. Part 203 - SINGLE FAMILY MORTGAGE INSURANCE
  7. Subpart B - Contract Rights and Obligations
  8. Topic - Mutual Mortgage Insurance Fund and Distributive Shares
  9. 24 CFR § 203.424
24 CFR § 203.424
Maximum amount of distributive shares
February 22, 2021
CFR

In no event shall a distributive share of the Participating Reserve Account exceed the aggregate scheduled annual premiums of the mortgagor to the year of termination of the insurance.

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§ 203.423 Distribution of distributive shares
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§ 203.425 Finality of determination

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