Code of Federal Regulations · Section
§ 1005.605 — Remittance Of Up-front Loan Guarantee Fee
24 C.F.R. § 1005.605
View:
The Direct Guarantee Lender shall remit the Up-Front Loan Guarantee Fee to HUD within 15 days after settlement, using the payment system as prescribed by Section 184 Program Guidance. The Direct Guarantee Lender shall provide an account reconciliation of the Up-Front Loan Guarantee Fee in the time and manner as may be prescribed in Section 184 Program Guidance.
Authorizing Statute
-
Administrative provisions42 U.S.C. § 3535
-
Minimum standards for residential mortgage loans15 U.S.C. § 1639c