C.F.R. » Title 24 » CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES › PART 241—SUPPLEMENTARY FINANCING FOR INSURED PROJECT MORTGAGES › Subpart F—Insurance for Equity Loans and Acquisition Loans—Contract Rights and Obligations

24 C.F.R. § 241.1230

No vested right in fund

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Neither the lender nor the borrower shall have any vested or other right in the insurance fund under which the loan is insured.