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Code · CFR · Title 24 — Housing and Urban Development · Part 242 — Mortgage Insurance for Hospitals · § 242.2

§ 242.2. Program financial self-sufficiency.

38 words·~1 min read·/us/cfr/t24/s§ 242.2·

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The Commissioner shall administer the Section 242 program in such a way as to encourage financial self-sufficiency and actuarial soundness; i.e., to avoid mortgage defaults and claims for insurance benefits in order to protect the mortgage insurance fund.
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§ 242.2
Program financial self-sufficiency.
Fed. Reg.×3
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