24 CFR §200.160 — Redemption of debentures prior to maturity

fha-24cfr-200-160

24 CFR §200.160, Redemption of debentures prior to maturity. An FHA program rule in Subpart E—Mortgage Insurance Procedures and Processing of 24 CFR Part 200 (Introduction to FHA Programs).

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Verbatim provisions from 24 CFR §200.160 — Redemption of debentures prior to maturity — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

24 CFR §200.160 — Redemption of debentures prior to maturity

Debentures shall, at the option of the Commissioner and with the approval of the Secretary of the Treasury, be redeemable at par plus accrued interest on any semiannual interest payment date on 3 months' notice of redemption given in such manner as the Commissioner shall prescribe. The debenture interest on the debentures called for redemption shall cease on the semiannual interest payment date designated in the call notice. The Commissioner may include with the notice of redemption an offer to purchase the debentures at par plus accrued interest at any time during the period between the notice of redemption and the redemption date. If the debentures are purchased by the Commissioner after such call and prior to the named redemption date, the debenture interest shall cease on the date of purchase.

Source: 24 CFR §200.160 — Redemption of debentures prior to maturity · source URL · snapshot c3852ebe7d6fe4f4

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Source of record: https://claudeforcompliance.com/regs/fha-24cfr-200-160/ · register fha-24cfr-200-160 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.