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PART 207—MULTIFAMILY HOUSING MORTGAGE INSURANCE›Rights and Duties of Mortgagee Under the Contract of Insurance

§ 207.259a Waiver of title objection; mortgages formerly Commissioner-held.

24 C.F.R. Parts 207 & 221 — FHA Multifamily Mortgage Insurance (Sec. 207 rental housing; Sec. 221(d) moderate-income housing) · 2026 edition · updated 2026-07-29 · United States

If the Commissioner sells a mortgage and such mortgage is later reassigned to him in exchange for debentures or the property covered by such mortgage is later conveyed to him in exchange for debentures, the Commissioner will not object to title by reason of any lien or other adverse interest that was senior to the mortgage on the date of the original sale of such mortgage by the Commissioner.

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▸ Contents — 24 C.F.R. Parts 207 & 221 — FHA Multifamily Mortgage Insurance (Sec. 207 rental housing; Sec. 221(d) moderate-income housing)
24 C.F.R. Parts 207 & 221 — FHA Multifamily Mortgage Insurance (Sec. 207 rental housing; Sec. 221(d) moderate-income housing)
  1. 24 C.F.R. Parts 207 & 221 — FHA Multifamily Mortgage Insurance…
  2. ▸ PART 207—MULTIFAMILY HOUSING MORTGAGE INSURANCE
    Overview
    1. Subpart A—Eligibility Requirements
    2. Subpart B—Contract Rights and Obligations
    3. Premiums
    4. ▸ Rights and Duties of Mortgagee Under the Contract of Insurance
      Overview
      1. § 207.255 Defaults for purposes of insurance claim.
      2. § 207.256 Notice to the Commissioner of default.
      3. § 207.256a Reinstatement of defaulted mortgage.
      4. § 207.256b Modification of mortgage terms.
      5. § 207.257 Commissioner's right to require acceleration.
      6. § 207.258 Insurance claim requirements.
      7. § 207.258a Title requirements.
      8. § 207.258b Partial payment of claim.
      9. § 207.259 Insurance benefits.
      10. § 207.259a Waiver of title objection; mortgages formerly Commi…
      11. § 207.260 Maintenance and inspection of property.
      12. § 207.261 Capturing excess bond proceeds.
    5. Rights in Housing Fund
    6. Amendments
  3. PART 221—LOW COST AND MODERATE INCOME MORTGAGE INSURANCE—SAVIN…

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