§ 266.25. Limitation on HUD insurance liability.
48 words·~1 min read·
/us/cfr/t24/s§ 266.25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Commissioner shall have no obligation to recognize or deal with anyone other than the HFA in its role as mortgagee of record and as party to a risk-sharing agreement with HUD with respect to the rights, benefits, and obligations of the HFA under the contract of insurance.