WAIS Document Retrieval[Code of Federal Regulations]
[Title 24, Volume 2, Parts 200 to 499]
[Revised as of April 1, 2000]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR203.362]

[Page 189]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
PART 203--SINGLE FAMILY MORTGAGE INSURANCE--Table of Contents
 
               Subpart B--Contract Rights and Obligations
 
Sec. 203.362  Conditions for withdrawal of application for insurance benefits.

    With the consent of the Commissioner, a mortgagee may withdraw an 
application for insurance benefits if the mortgagee agrees that it will:
    (a) Accept a reconveyance of the property under a deed which 
warrants against the acts of the Commissioner and all claiming by, 
through, or under him; and
    (b) Promptly file a reconveyance for record; and
    (c) Accept without continuation the title evidence which it 
furnished the Commissioner; and
    (d) Reimburse the Commissioner for property expenditures as set 
forth in Sec. 203.364.



