§ 206.9 Eligible mortgagees.

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Title 24 CFR: Housing and Urban Development › Chapter II: OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › Part 206: HOME EQUITY CONVERSION MORTGAGE INSURANCE › Subpart B: Eligibility; Endorsement › § 206.9: § 206.9 Eligible mortgagees.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(a)

Statutory requirements.

See sections (b)(2), (c), and 255(d)(1) of the NHA.

(b)

HUD approved mortgagees.

Any mortgagee authorized under paragraph (a) of this section and approved under part 202 of this chapter, except an investing mortgagee approved under § 202.9 of this chapter, is eligible to apply for insurance. A mortgagee approved under §§ 202.6, 202.7, 202.9 or 202.10 of this chapter may purchase, hold and sell mortgages insured under this part without additional approval.

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