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Code of Federal Regulations Title 24. Housing and Urban Development § 24.570.706 Federal guarantee;  subrogation

Current as of January 02, 2025 | Updated by Findlaw Staff

Section 108(f) of the Act provides for the incontestability of guarantees by HUD under subpart M of this part in the hands of a holder of such guaranteed obligations. If HUD pays a claim under a guarantee made under section 108 of the Act, HUD shall be fully subrogated for all the rights of the holder of the guaranteed debt obligation with respect to such obligation.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 24. Housing and Urban Development § 24.570.706 Federal guarantee;  subrogation - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-24-housing-and-urban-development/cfr-sect-24-570-706/

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