United States Code · Section
§ 1715o — Interest Rate On Debentures; Method Of Establishment
12 U.S.C. § 1715o
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if an insurance claim is paid in cash for any mortgage that is insured under section 1709 or 1715y of this title and is endorsed for mortgage insurance after January 23, 2004, the debenture interest rate for purposes of calculating such a claim shall be the monthly average yield, for the month in which the default on the mortgage occurred, on United States Treasury Securities adjusted to a constant maturity of 10 years.
Implementing Regulations
No implementing regulations found.