C.F.R. » Title 24 » CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › SUBCHAPTER A—GENERAL › PART 200—INTRODUCTION TO FHA PROGRAMS › Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Exi…

24 C.F.R. § 200.80

Mortgage form

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The mortgage shall be:

(a) Executed on a form approved by the Commissioner for use in the jurisdiction in which the property securing the mortgage is situated, which form shall not be changed without the prior written approval of the Commissioner.

(b) Executed by an eligible mortgagor.

(c) A first lien on the property securing the mortgage, which property conforms with the property standards prescribed by the Commissioner.

Notes of Decisions
Cited in 1 case, 2012–2012 · leading case: Kolbe v. BAC Home Loans Servicing, LP, 695 F.3d 111 (1st Cir. 2012).
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Kolbe v. BAC Home Loans Servicing, LP, 695 F.3d 111 (1st Cir. 2012). “The mortgage was guaranteed by an agency within the Department of Housing and Urban Development (“HUD”), and as required, the mortgage used a standard form that had been approved by HUD, 24 C.F.R. § 200.80 (2012). The mortgage contained the following provision: 4.”
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