(a) All of the provisions of subpart B, part 203 of this chapter covering mortgages insured under section 203 of the National Housing Act apply to mortgages covering one- to four-family dwellings insured under section 221 of the National Housing Act, except the following provisions:

Sec.

203.258   Substitute mortgagors.

203.259a   Scope.

203.260   Amount of Mortgage Insurance Premium (MIP).

203.261   Calculation of MIP.

203.262   Due date of MIP.

203.264   Payment of MIP.

203.266   Period covered by MIP.

203.268   Pro rata payment of MIP.

203.280   One-time MIP.

203.281   Calculation of one-time MIP.

203.282   Mortgagee's late charge and interest.

203.283   Refund of one-time MIP.

203.288   Discontinuance of adjusted premium charge.

203.295   Voluntary termination of insurance.

203.389   Waived title objections.

203.400   Method of payment.

203.420   Nature of Mutual Mortgage Insurance Fund.

203.421   Allocation of Mutual Mortgage Insurance Fund income or loss.

203.422   Right and liability under Mutual Mortgage Insurance Fund.

203.423   Distribution of distributive shares.

203.424   Maximum amount of distributive shares.

203.425   Finality of determination.

203.436   Claim procedure—graduated payment mortgages.

203.438   Mortgages on Indian land insured pursuant to section 248 of the National Housing Act.

203.439   Mortgages on Hawaiian home lands insured pursuant to section 247 of the National Housing Act.

203.439a   Mortgages on property in Allegany Reservation of Seneca Nation of Indians authorized by section 203(q) of the National Housing Act.

(b) For the purposes of this subpart, all references in part 203 of this chapter to section 203 of the Act shall be construed to refer to section 221 of the Act, and all references to the Mutual Mortgage Insurance Fund shall be construed to refer to the General Insurance Fund.

[36 FR 24587, Dec. 22, 1971, as amended at 37 FR 8663, Apr. 29, 1972; 41 FR 42949, Sept. 29, 1976; 42 FR 29304, June 8, 1977; 47 FR 30754, July 15, 1982; 48 FR 28807, June 23, 1983; 51 FR 21874, June 16, 1986; 52 FR 8069, Mar. 16, 1987; 52 FR 28470, July 30, 1987; 52 FR 48204, Dec. 21, 1987; 53 FR 9869, Mar. 28, 1988; 55 FR 34810, Aug. 24, 1990; 61 FR 37801, July 19, 1996]


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